Which Is Not a Merit of Cooperative Federalism

question 14

Multiple Choice

Which is not a merit of cooperative federalism?

• A) Federal cooperation helps mitigate the problem of collective action among states.
• B) Federal assistance encourages state and local governments to generate positive externalities.
• C) Cooperative federalism respects the traditional jurisdictional boundaries between states and federal government.
• D) Federal assistance ensures some degree of uniformity of public services across states.

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Definitions:

Operating Segment

A component of a company that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses related to transactions with other components of the same company.

Consolidated Assets

The total assets of a parent company and its subsidiaries, combined into one financial statement as if they were a single entity.

Asset Test

A measure of a company's liquidity, calculated by comparing its most liquid assets to its current liabilities.

Operating Segments

Components of an enterprise that engage in business activities from which it may earn revenues and incur expenses, whose operating results are reviewed regularly by the enterprise's chief operating decision maker.