Which Statement Best Describes a Private Enterprise

question 34

Multiple Choice

Which statement best describes a private enterprise?

• A)Any entity that is not a publicly accountable enterprise.
• B)Any for-profit organization that is not a publicly accountable enterprise.
• C)An entity that holds assets in a legal capacity for a broad group of outsiders as one of its primary businesses.
• D)Any entity, excluding a not-for-profit organization.

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Definitions:

Psychoticism

One of five trait domains associated with personality disorders in the DSM-5, it is characterized by a tendency to have bizarre thoughts or experiences, and to exhibit eccentric behavior.

Statistically Significant

A situation where the observed effect or difference in a study is likely not due to chance, indicating a high probability that it reflects true differences or associations.

Empirical

Based on observation or experience rather than theory or pure logic.

Type II Error

In research, the mistake of thinking that one variable does not have an effect on or relationship with another, when really it does.