PT120.S3.Q10

PrepTest 120 - Section 3 - Question 10

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Naturalist: To be dependable, the accounting framework used by national economists to advise the government must take into account all of our nation's assets; but the current accounting framework used by our national economists assigns no value to government-owned natural resources, which are clearly assets.

Summary

If the accounting framework used by national economists is dependable, then the framework must account for all of our nation’s assets. However, the current accounting framework used by national economists assigns no value to government-owned natural resources, which are assets.

Strongly Supported Conclusions

The accounting framework used by national economists is not dependable.

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10.

The naturalist's statements, if true, ████ ████████ ███████ █████ ███ ██ ███ ██████████

a

Economists' indifference toward ███ ███████████ ██ ███████ █████████ ████ ████ ████████████ ██ ████ ████ ██████████

We don’t know whether national economists are indifferent towards the destruction of natural resources.

1%
b

Naturalists and economists ████████ █████ ███████ ███████ █████████ ████ ██████

We don’t know whether national economists believe natural resources have value or not.

11%
c

The accounting framework ████ ██ ████████ ██████████ ██ ███ █████████

The accounting framework must be unreliable since it fails the requirement of accounting for all of the nation’s assets.

81%
d

Natural resources are █ █████ ████████ █████ ███ █████ ███████

We don’t know whether natural resources are an asset for every nation. The stimulus is limited to the Naturalist’s nation.

5%
e

Changes in the ███████████ ████ █ █████ ████ ██ ███ ███████████ ██ ███ ██████████ ██████████

We don’t know if changes in the environment are not accounted for in any accounting framework.

2%

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