Which of the Following Statements Is Correct

question 16

Multiple Choice

Which of the following statements is correct?

• A)Private goods yield direct benefits to the purchaser and are financed by government.
• B)Public goods yield widespread external benefits and are purchased by government with tax revenues.
• C)Public goods are bought voluntarily out of private incomes and yield no significant external benefits.
• D)Public goods are bought voluntarily out of private incomes and yield widespread external benefits.

Understand the concept of differential association theory and its explanation for deviant behavior.

Recognize the role of social and personal factors in the effectiveness of social control mechanisms.

Explore the effects of societal reaction (labeling) on individuals’ identities and behaviors.

Understand the complexities involved in the reactions to norm or rule violations and their consequences.

---

Definitions:

Internal Auditing

An objective assurance and consulting activity designed to add value and improve an organization's operations, focusing on internal control effectiveness and risk management.

Accounting Manager

A professional role responsible for overseeing accounting and financial tasks within an organization, such as maintaining financial records, preparing reports, and ensuring compliance with laws and regulations.

Concurrent Control

A management technique that involves monitoring and adjusting processes and activities as they happen in real-time.

Product Quality

The extent to which a product or service fulfills or surpasses the anticipations of customers.