In Unitary Systems, Which of the Following Is TRUE

question 71

Multiple Choice

In unitary systems, which of the following is TRUE?

• A) All governmental authority always rests with one person such as an emperor.
• B) Local governments dictate policy to the national government.
• C) Various ethnic groups are proportionally represented in a "united" parliament.
• D) The national government monopolizes constitutional authority.

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Definitions:

Cash Inflow

Money coming into a business or project from various sources including sales, investment income, or financing.

Cash Outflow

Money that flows out of a business or a financial account, typically representing expenses or investments.

Direct Method

A cash flow statement reporting approach that lists major payments and receipts of cash, providing a clear view of cash inflows and outflows.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in a net profit or loss.