Which of the Following Best Exemplifies Devolution

question 43

Multiple Choice

Which of the following best exemplifies devolution?

• A)New Deal legislation
• B)No Child Left Behind Act
• C)welfare policy
• D)Troubled Asset Recovery Program

Correct sentences to improve clarity, precision, and avoid discrimination.

Make writing nondiscriminatory by using inclusive language.

Apply the use of short words to simplify writing.

Utilize precise language for clear and effective communication.

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Definitions:

IFRS

A collection of accounting norms established by the International Accounting Standards Board (IASB) known as International Financial Reporting Standards, which direct the global preparation of financial statements.

U.S. GAAP

Generally Accepted Accounting Principles in the United States, a standard framework of accounting rules for financial reporting.

IFRS

International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board (IASB) for international use.

U.S. GAAP

The codification of how financial transactions and events are to be reported in the financial statements, developed and maintained by the Financial Accounting Standards Board (FASB) for the United States.