Professional Advocacy Groups

question 12

Multiple Choice

Professional advocacy groups

• A) have decreased in number in recent years.
• B) have resulted in a sharp drop in the number of new voices in the political arena.
• C) rely heavily on dues-paying members.
• D) could not exert any influence without strong local chapters.
• E) have increased class-based inequalities in the interest group system.

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Definitions:

Estimated Returns Inventory

A reserve account used by companies to account for anticipated returns of sold goods, affecting the overall sales and inventory levels.

FOB Destination

A shipping term indicating that the seller is responsible for the goods and the shipping cost until the goods reach the buyer's specified location.

Cost of Inventory

The total cost incurred to acquire stock items that are intended for resale, including purchase price, freight, and handling fees.

Physical Inventory

An actual count of all the goods on hand at the end of an accounting period.