Which of the Following Is NOT a Reason for the Megamerger

question 30

Multiple Choice

Which of the following is NOT a reason for the megamerger wave?

• A)weak antitrust law enforcement
• B)a renewed emphasis on production not finance
• C)cheap plants available due to international competition
• D)breaks in the tax law to encourage "write offs"
• E)expense of building new plants

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Definitions:

Expenditures

Funds spent by a business in the pursuit of profit and other business activities, including operating and capital expenses.

Private Purpose Trust Fund

A fund typically used by governmental entities to report all other trust arrangements under which principal and income benefit individuals, private organizations, or other governments.

Fiduciary Fund

A fund used to account for assets held by a government in a trustee or agency capacity for individuals, private organizations, or other governments.

Special Revenue Fund

A fund used by a government to account for revenue from specific sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects.