The Term Sequester Refers to

question 58

Multiple Choice

 The term sequester refers to 

• A) those budget items, such as Social Security, that are largely uncontrollable. 
• B) the process of protecting certain items from budgetary review. 
• C) freezing budget items at previous levels. 
• D) a limit set on the percentage of uncontrollable expenses that the budget can contain. 
• E) automatic, across-the-board percentage cuts in the budget.

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Definitions:

Franchise

A business model that allows individuals or entities to operate a store or outlet using the branding, products, and operational methods of an established company.

Franchisee

An individual or company that holds the rights to conduct business under an established brand or trade name in a specific territory.

Franchisor

A person or company that grants the license to third parties for the conducting of a business under their brand's name and operation model.

B-Corp Certification

A designation that a business meets high standards of verified social and environmental performance, public transparency, and legal accountability.