When Reformers Speak of Bureaucratic Privatization, They Mean All the Following

question 5

Multiple Choice

When reformers speak of bureaucratic privatization, they mean all the following processes except ________.

• A) divestiture
• B) government grants
• C) whistleblowing
• D) third-party financing

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Definitions:

Future Economic Benefits

The capability to assist in the direct or indirect increase of cash and cash equivalents for an organization.

Economic Entity Assumption

An accounting principle that assumes a company and its owners are separate entities for recording and reporting financial transactions.

Basic Assumption

Fundamental principles underlying the preparation of financial statements, typically including economic entity, going concern, monetary unit, and periodic reporting.

Corporate Form

The structure of a corporation, recognized by law as a single entity separate from its owners, with its own rights, privileges, and liabilities.