Which of the Following Is NOT True About the Rules

question 23

Multiple Choice

Which of the following is NOT true about the rules and institutions of government?

• A) Rules determine things like the power of an official, who can vote in an election, and what a court's jurisdiction is.
• B) Rules and institutions in different states are similar to each other.
• C) There are institutions, like direct democracy, that are still very important to the system, but do not have any physical representation.
• D) Political parties and interest groups are considered institutions.

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Definitions:

MRP

Material Requirements Planning, a production planning, scheduling, and inventory control system used to manage manufacturing processes.

ERP

stands for Enterprise Resource Planning, which is a type of software that organizations use to manage and integrate important parts of their businesses.

SCM

Stands for Supply Chain Management, which involves the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

FAIS

Stands for Financial Accounting Information System, a specialized system that collects, processes, stores, and disseminates financial information.