In Pledging to "Make America Great Again," One of the Items

question 21

Multiple Choice

In pledging to "make America great again," one of the items Donald Trump promised was to

• A)decrease military spending and withdraw from Iraq.
• B)enhance Obamacare and reinvigorate relations with Mexico.
• C)repeal and replace Obamacare and increase military spending.
• D)accept more Muslim refugees from Syria and other unstable Arab states.
• E)promote conservationist policies to protect the environment.

---

Definitions:

Selling Price

The price at which a good or service is offered to a buyer.

Perpetual Inventory System

An inventory accounting system where updates are made continuously as transactions occur, providing a real-time inventory level.

Perpetual Inventory System

A system of inventory accounting that instantly logs inventory sales or purchases using computerized point-of-sale systems and software for enterprise asset management.

Gross Method

An accounting method where purchases are recorded at their full (gross) cost without deducting any cash discounts.