Deregulation and Privatization Are a Part of Which of the Following

question 28

Multiple Choice

Deregulation and privatization are a part of which of the following forces in the general environment?

• A) Political and legal
• B) Technological
• C) Sociocultural
• D) Economic

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within a business's normal operating cycle if longer.

Acquisition Cost

The total cost incurred to acquire an asset, including purchase price and all other costs necessary to bring the asset to a condition ready for its intended use.

Consolidated Financial Statements

Combined reporting of the financial statements of a parent company and its subsidiaries as if they were a single entity.

Fair Value

The value for which an asset might be traded or a liability could be transferred in a regulated sale between entities in the market, as determined on the specified date of measurement.