The Doctrine of Separation of Powers States

question 32

Multiple Choice

The doctrine of separation of powers states:

• A)That the legislative, executive and judicial arms of government should function independently of each other.
• B)That the executive holds the ultimate authority.
• C)That the federal, state and local governments should remain separate.
• D)That the head of state has no power and is a mere figurehead.

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Definitions:

Personal Cash

Refers to the liquid assets that an individual holds for the purpose of immediate or near-term spending or investment.

Accounts Receivable

Receivables from customers against goods or services supplied by a business, pending payment.

Capital Statement

A financial statement that illustrates changes in a company's equity over a certain period, including investments, withdrawals, and net income or loss.

Net Income

The total earnings of a company after deducting all expenses and taxes, indicating the company's profitability over a specific period.