The offering of a forged instrument to another person when the offeror knows it to be forged is known as uttering.

Suppose that in reviewing a quarterly report of a department's achievements, the manager compared desired performance with actual performance. If the manager found that actual performance was less than the standard, the manager should ___.

A) take no corrective action
B) take corrective action
C) seek more resources for the department
D) defer action until the next quarter's reports are in and a trend is established
E) keep the information to himself/herself

Which of the following is a typical attribute of a socialist country?

A) Taxes are very high,particularly on the wealthy classes.
B) Government owns some of the means of production.
C) Cradle-to-grave security for its citizens.
D) A large-scale redistribution of income program from the wealthy and well-to-do to the middle class,working,class and the poor.
E) All of the choices are attributes of a socialist country.

Changes in a firm's cash position between successive balance sheet dates result only from the firm's operating activities.

Fluctuations in GDP are largely due to fluctuations in ________.

Which of the following statements is true when referring to the high-low method of cost analysis?

A) The high-low method has no major weaknesses.
B) The high-low method is very hard to apply.
C) In essence, the high-low method draws a straight line through two data points.
D) The high-low method uses all of the available data to estimate fixed and variable costs.

Expectations that disposable income will increase in the future will _____.

A) shift the current consumption function upward
B) shift the current consumption function downward
C) result in an upward movement along the current consumption function
D) make the current consumption function flatter
E) make the current consumption function steeper