Which of the Following Acts Is Generally the LEAST Effective

question 22

Multiple Choice

Which of the following acts is generally the LEAST effective means by which individual citizens can make their political views apparent to political officials?

• A) voting
• B) volunteering for an electoral campaign
• C) contributing money to a candidate
• D) participating in a political protest
• E) writing a letter to an elected official

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Definitions:

Credit Policy

A credit policy is a set of guidelines that a company follows to determine credit limits, payment terms, and how to manage delinquent accounts for its customers.

Terms of Sale

The conditions under which a sale is made primarily with respect to payment. Terms include a date on which payment is due and often specify a prompt payment discount that may be taken if payment is made within a specified time.

Lock Box Systems

A service provided by banks to companies for the quick collection of payments from customers by directing those payments to a special post office box.

Float Management

The practice of managing the time difference between issuing and clearing checks to optimize the available cash flow.