Which of the Following Describes the Paradox of Factions

question 67

Multiple Choice

Which of the following describes the paradox of factions?

• A)While they are dangerous, they are also easy to legislate through laws at the federal and state levels.
• B)They may be potentially dangerous, but the Constitution virtually guarantees their formation.
• C)Factions are inevitable, but they can be legally prohibited through applying the Constitution.
• D)Democracies require factions in order to operate efficiently and effectively at a national level.

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Definitions:

Budgeted Accounts Receivable

Forecasted or estimated amounts that a business expects to receive from customers for credit sales.

Credit Sales

Sales made by a business where payment is delayed as per agreed terms, allowing the customer to pay at a later date.

Cash Budget

A forecast of cash inflows and outflows for a business or individual for a specific period of time.

Budgeted Income Statement

A financial statement that forecasts a company's revenue, expenses, and net income for a future period.