The Term Substantive Representation Refers to ________, While the Term

question 34

Multiple Choice

The term substantive representation refers to ________, while the term descriptive representation refers to ________.

• A) representing constituents from a distance; having a mandate directly from voters
• B) shared traits between members and constituents; members serving constituent interests
• C) members serving constituent interests; shared traits between members and constituents
• D) having a mandate directly from voters; representing constituents from a distance

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Definitions:

Future Revenue

Income that a company expects to receive from its normal business activities in future periods.

Gross Profit

The difference between sales revenue and the cost of goods sold (COGS), indicating the basic profitability of a company's core business operations.

Operating Expenses

Operating expenses are the costs associated with the day-to-day operations of a business, excluding direct production costs, such as rent, utilities, and payroll.

Cost of Goods Sold

Costs directly connected to the creation of a company's sold goods, covering materials and workforce expenses.