Which of the Following Is Most True of the Influence

question 19

Multiple Choice

Which of the following is most true of the influence of multiple arenas on policymaking?

• A)Policymaking can flow in any direction (federal to state or state to federal) and can occur in multiple arenas at once.
• B)Policy change typically begins at the federal level and then works its way down to the state level.
• C)Policymaking typically begins at the local or state level and then works its way up to the federal level.
• D)Policymaking typically originates in one particular committee or subcommittee and then works its way out to other areas.
• E)Once a policy is being debated in one arena, it is unlikely that the same issue will be taken on in other arenas.

---

Definitions:

Semiannually

Occurring twice a year; used to describe the frequency with which certain financial or operational events take place, such as interest payments on bonds.

Equity Method

An accounting technique used to record an investor's proportional share of the net income and losses of an investee company in which the investor has significant influence but not full control.

Year-End Adjustment

Journal entries made at the end of an accounting period to account for incomes and expenditures in the correct accounting period.

Lower Of Cost

Refers to the accounting principle of valuing and reporting assets at the lower of its historical cost or the market value.