Examlex
Which of the following statements is true about entering sales tax codes in the general journal -
Federal Governments
A system of government where power is divided between a national (federal) government and various regional governments.
Command Economy
A system of economy in which all determinations about the generation and distribution of products and services are made by the state or central authority.
Markets
Places or systems where buyers and sellers interact to trade goods, services, or resources.
Free Enterprise
An economic system where private individuals rather than the government have the right to own property and conduct businesses, subject to minimal regulatory constraints.
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