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Describe the formal qualifications of members of the Texas legislature,and explain why actual members of the legislature fail to represent a cross section of Texas society.What changes would you make to the formal qualifications required of members and why?
Cost Method
An accounting method used for investments, where the investment is recorded at acquisition cost without recognizing its undistributed earnings.
Treasury Stock
Shares of a company's own stock that it has reacquired from shareholders and holds in its treasury for future use.
Accounting
The information system that identifies, records, and communicates the economic events of an organization to interested users.
Treasury Stock
Shares that were issued and subsequently reacquired by the issuing corporation, reducing the amount of outstanding stock.
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