Which of the Following Is Inconsistent with Marxist Philosophy

question 64

Multiple Choice

Which of the following is inconsistent with Marxist philosophy?

• A)concern over public good rather than private profit
• B)monopoly of state-owned companies in certain industries
• C)opposing the ideologies of capitalist societies
• D)substantial limits on individual political freedom
• E)selling state-owned enterprises to private investors

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Definitions:

Liabilities

Financial obligations or debts owed by a company to external parties, which must be settled over time through the transfer of economic benefits.

Assets

Resources owned by a company that have economic value and can be measured and expressed in monetary terms.

Financial Accounting

The branch of accounting that focuses on the preparation of financial statements for external use, adhering to standardized guidelines.

External Decision Makers

Individuals or entities outside of a company that use its financial information to make decisions, such as investors and creditors.