Arguments Against Privatization Include All of These Except

question 77

Multiple Choice

Arguments against privatization include all of these except:

• A) social goals.
• B) service provisions.
• C) public backlash.
• D) safety concerns.

---

Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which are expected to be settled through the transfer of assets, provision of services, or other economic benefits.

Income Statement Account

A financial account that shows the company's revenues, expenses, and net income over a specific period.

Petty Cash Transactions

Small purchases or expenditures paid using a readily available cash fund.

Cash Over and Short

An account that reports the discrepancies between the physical count of cash and the recorded amounts in a business's financial records.