Which of the Following Are Reasons for the Increased Centralization

question 46

Multiple Choice

Which of the following are reasons for the increased centralization in school financing?

• A)The existence of diseconomies of scale in education.
• B)A desire by state education agencies to decentralize control.
• C)A desire to equalize funding across school districts.
• D)Increasing positive externalities from education as globalization increases.

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Definitions:

Line of Credit

A flexible loan from a bank or financial institution, where a borrower can access funds up to a specified limit at any time.

Lockbox System

A service provided by banks to process payments quickly by allowing companies to have their customers send payments to a special post office box.

Disbursement Float

The time lag between when a payment is issued by a payer and when the funds are actually withdrawn from the payer's account.

Receivable Accounts

Balances of money due to a company for goods or services provided that have not yet been paid by customers.