Which of the Following Is Not a Public Good That

question 68

Multiple Choice

Which of the following is not a public good that the government can make excludable?

• A)Toll roads
• B)City buses
• C)State colleges
• D)National Defense

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Definitions:

Future Cash Flows

The projected cash receipts and payments a business expects over a period in the future, important for investment and valuation purposes.

Net Income

Profit of a company after all expenses and taxes have been subtracted from total revenue.

Matching Principle

An accounting principle that dictates that expenses should be recognized in the period in which the related revenues are earned, helping to ensure that financial statements are accurate.

Expenses

The outflows or using up of assets as part of operations of a business to generate revenue.