Which of the Following Would Most Likely Serve as an Example

question 37

Multiple Choice

Which of the following would most likely serve as an example of a monopoly?

• A)a restaurant in a large city
• B)a dry cleaners in a large city
• C)a local gas station
• D)a local electrical company

---

Definitions:

Acquisition Method

An accounting approach used for consolidating the financial statements of a parent company and its subsidiaries to present as one entity.

Equity Method

Equity Method is an accounting technique used to record investments in other companies, where the investing company has significant influence but does not have full control or majority ownership.

Internal Reporting

The generation and analysis of financial and operational information within an organization, used for decision-making and performance assessment.

SEC

The U.S. Securities and Exchange Commission is a federal agency tasked with overseeing the securities sector and safeguarding investors.