Among the Benefits of Privatization of State Owned Enterprises Is

question 17

Multiple Choice

Among the benefits of privatization of state owned enterprises is

• A)increased employment.
• B)improved efficiency.
• C)reduced pollution.
• D)all of the above.
• E)none of the above.

---

Definitions:

Inventory Value

The total cost or market value of all the goods held by a company intended for sale or used in production.

Prime Costs

The combined costs of direct materials and direct labor that are directly involved in the production of a product.

Factory Overhead

Costs related to the manufacturing process that are not directly attributable to the product being manufactured, such as utilities and maintenance of equipment.

Balance Sheet

A financial statement that presents a company's financial position at a specific point in time, including assets, liabilities, and shareholders' equity.