Quangos Are

question 46

Multiple Choice

Quangos are

• A) a pejorative term political opponents use against each other.
• B) quasi-nongovernmental organizations that take responsibility for specific functions and combine government and private sector expertise.
• C) private enterprises that have taken control over traditionally public-owned entities like the mail service.
• D) international companies headquartered in another country.
• E) government initiatives to expand private investment in capital projects, like the building of schools and hospitals.

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Definitions:

Outstanding Shares

The total number of shares of stock that are currently owned by shareholders, including both public investors and restricted insiders.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be consumed or converted into cash in the near term.

Net Present Value

The disparity in present values of cash inflows versus cash outflows within a certain time span.

Equity Shares

Represent ownership shares in a company, giving shareholders voting rights and a claim on company profits in the form of dividends.