Which of the following statements is true?
A)Governments may engage in activities similar to activities engaged in by for-profit entities.
B)There are a limited number of different types of governments.
C)All governmental entities engage in the same activities.
D)Managers may have a long-term focus and thereby sacrifice the short-term liquidity of the entity.

Question

Quizplus · Accepted Answer

Governments may engage in a wide range of activities, some of which are similar to those engaged in by for-profit entities, such as providing goods and services to the public. Option B is incorrect as there are numerous types of governments, including federal, state, local, and international governments. Option C is also incorrect as governmental entities may engage in different activities depending on their jurisdiction and role. Option D may be true, but it is not directly related to the question.

Which of the Following Statements Is True