Which of the Following Is NOT One of the Ways

question 58

Multiple Choice

Which of the following is NOT one of the ways in which private bureaucracies differ from public ones?

• A) Public bureaucracies serve the entire American people, while private bureaucracies primarily serve their stockholders.
• B) Private bureaucracies have fewer bosses to whom they must report.
• C) Unlike private bureaucracies, public bureaucracies do not rely on job specialization.
• D) Profit-making is not the primary goal of public bureaucracies.
• E) The goods produced by public bureaucracies are generally less tangible and easier to take for granted than those produced by private bureaucracies.

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Definitions:

Petty Cash Fund

A small amount of cash on hand used for minor or incidental expenses within a business.

Custodian

An individual or entity responsible for safeguarding assets, such as cash or securities, ensuring their safekeeping and proper use.

Journal Entry

A record in the accounting journal that represents a transaction and includes debits and credits.

Cash Register Overages

The situation where the amount of cash in a cash register exceeds the expected amount based on sales records.