Which One of the Following Companies Is NOT a Natural

question 88

Multiple Choice

Which one of the following companies is NOT a natural monopoly?

• A)The International Nickel Company
• B)California Edison Electric Company
• C)Southwestern Bell Telephone Company
• D)Keyspan Gas Company

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Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of an investee but not control those policies.

Voting Shares

Shares that give the shareholder the right to vote on company matters at shareholder meetings.

ASPE

Accounting Standards for Private Enterprises, a set of accounting principles for private companies in Canada.

Significant Influence

Control exerted by an investor over a subsidiary or associate, typically through ownership of a substantial portion of voting stock, allowing the investor to affect financial and operating policies.