As Part of a Service Concession Arrangement with a Private

question 79

Multiple Choice

As part of a service concession arrangement with a private firm involving operation of a city car park, a government agrees to incur certain future maintenance costs. If the present value of the consideration paid and to be paid to the government exceeds the present value of the maintenance costs to be incurred by the government, how, if at all, should the government report the "gain"?

• A) Immediate recognition of revenue.
• B) Deferred inflow of resources, and recognize revenue in a systematic and rational manner over the term of the arrangement.
• C) Current liability.
• D) A gain should not be reported; only a loss.

Recognize the difference between strategic, tactical, and operational planning.

Acknowledge the importance of implementation in realizing plans.

Understand the concept of stretch goals and their impact on performance.

Be aware of the skills and activities that enhance time management within the context of planning.

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Definitions:

Mothers

Women who have given birth to, adopted, or otherwise serve as the primary female parent figure in a child's life.

Inconsistent

Lacking in uniformity or steadiness; actions or statements that are not in agreement or harmony.

Anxious-ambivalent

A type of attachment style characterized by intense emotional bonds that are marked by a constant worry about the strength of those bonds.

Secure Attachment

A type of attachment style observed in development, characterized by feelings of safety and security in relationships, often resulting from consistent caregiver response.