Goods That Are Neither Rival in Consumption nor Excludable Are

question 68

Multiple Choice

Goods that are neither rival in consumption nor excludable are:

• A) a common resource.
• B) a private good.
• C) a public good.
• D) an artificially scarce good.

Understand the principles and practices of effective budget preparation and control.

Recognize the effects of various budgeting approaches on cost management and performance evaluation.

Understand the significance of participatory processes in developing more effective and accurate budgets.

Recognize the importance of aligning budgeting processes with company objectives and planning cycles.