Which Is NOT a Dimension of Neoliberalism

question 26

Multiple Choice

Which is NOT a dimension of neoliberalism?

• A) Privatize public utilities (in this case water plants).
• B) Municipalities and local governments no longer have to bear the cost of staff, maintenance and upkeep.
• C) Private companies better poised to take risks in investing in the water infrastructure if there is a profit horizon.
• D) Local communities gain better control over an essential resources.

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Definitions:

Financial Statements

Financial statements are written records that convey the business activities and the financial performance of a company, including balance sheet, income statement, and cash flow statement.

Net Income

Net income is the total profit of a company after all expenses and taxes have been subtracted from total revenue.

Hedge Accounting

Accounting techniques that modify the standard rules of accounting to recognize the offsetting effects on the financial statements of both the hedged item and the hedging instrument.

Mandatory

Required or obligatory; something that must be done or adhered to.