Which of the Following Is a Primary Goal of Privatization

question 18

Multiple Choice

Which of the following is a primary goal of privatization or outsourcing?

• A)to provide services that the private sector cannot
• B)to spur economic growth
• C)to improve the efficiency of public service delivery
• D)to expand the size of the federal bureaucracy

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Definitions:

Financial Statements

Formal records of the financial activities and position of a business, individual, or other entity.

Prepaid Property Tax

An expense paid in advance for property taxes, recognized as an asset until the period the tax covers.

Property Tax Payable

A liability account on the balance sheet representing the amount of property taxes a company owes but has not yet paid to the taxing authorities.

Property Tax Expense

The cost incurred from taxes imposed on property owned by individuals or businesses based on the assessed value of the property.