“It Is Rather for Us to Be Here Dedicated to the Great

question 16

Multiple Choice

“It is rather for us to be here dedicated to the great task remaining before us—that from these honored dead we take increased devotion to that cause for which they gave the last measure of full devotion—that we here highly resolve that these dead shall not have died in vain—that this nation, under God, shall have a new birth of freedom—and that government of the people, by the people, for the people, shall not perish from the earth.”

--Abraham Lincoln, Gettysburg Address, November 19, 1863

-How is "government by the people,for the people" practiced in the U.S.?

• A)a system that ensures freedom,justice,and peace to all citizens-Consider This: The term democracy is often used alongside other terms like freedom,justice,and peace because citizens are involved in forming the government.
• B)a system that perpetuates the status quo and upholds the values of the party in power
• C)a system that selects policymakers and organizes government so that policy represents and responds to the public's preferences
• D)a system that grants a status of privilege to the most active and informed voters

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Definitions:

Reasonably Possible

A term used in accounting to describe a condition that could occur, affecting financial decisions or disclosures, based on current knowledge and events.

Note Disclosure

Additional information provided in a company's financial statements, explaining the numbers presented in the statements for clarity and completeness.

Contingent Liability

A potential financial obligation that may arise in the future, depending on the outcome of a certain event.

Financial Statements

A set of formal documents tracking the financial activities, status, and cash flows of a business, providing insight into its financial health over a specified period.