The Cost of Government Has Increased Because

question 58

Multiple Choice

The cost of government has increased because:

• A) it has gotten too big
• B) its functions have been privatized
• C) it has gotten off the backs of the people
• D) it has gotten on the backs of the people
• E) none of the above

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Definitions:

Liabilities

Liabilities refer to the financial obligations or debts that a company owes to others, which must be paid back in the future.

Private Company

A business entity owned by private investors, shareholders or owners, and not publicly traded on stock exchanges.

ASPE

A collection of accounting principles for private corporations in Canada.