Which of the Following Is NOT One of the Four

question 24

Multiple Choice

Which of the following is NOT one of the four basic steps in the initiative process that most states share?

• A)The proposal is drafted by proponents.
• B)A state official issues an official title and summary of the measure.
• C)Proponents circulate petitions for voters to sign.
• D)A citizen commission verifies whether a valid number of signatures are collected.

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Definitions:

RRSP

Registered Retirement Savings Plan, a Canadian investment account designed to save for retirement, offering tax benefits.

Compounded

The process where interest is calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

Annually

Annually means occurring once every year or pertaining to a period of one year.

Compounded

The process of earning interest on previously earned interest, leading to an increase in the total amount over time.