What Type of Lobbying Are Lobbyists Practicing When They Contact

question 35

Multiple Choice

What type of lobbying are lobbyists practicing when they contact members of Congress (or their staff) directly to advocate for their group's position?

• A) coercive
• B) inside
• C) outside
• D) agency

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Definitions:

Contra-Revenue Account

An account that is deducted from a company's gross revenue, which results in net revenue, examples include sales returns, allowances, and discounts.

Sales Discounts

Refers to the reduction in the amount payable by a customer if the customer pays their invoice within a specific period as defined by the seller.

Allowance for Doubtful Accounts

An estimation of the amount of accounts receivable that may not be collectible.

Allowance Method

An accounting technique used to estimate and account for potential uncollectible accounts receivable and bad debts.