Which of the Following Is True of a Federal System

question 20

Multiple Choice

Which of the following is true of a federal system of government?

• A) It ensures that national powers are not expanded at the expense of the states.
• B) It makes it easy to coordinate government policies at the national, state, and local levels.
• C) It inhibits the representation of political and regional subcultures in laws.
• D) It vests unlimited power in the central government to oversee activities of all state governments.
• E) It hinders business transactions because of red tape created by regulations at all levels of governmental.

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Definitions:

Expense

is an outflow of cash or other valuable assets from a person or company to another entity, representing the cost of operations or services rendered.

Debit Columns

Sections in financial statements where increases in assets or expenses or decreases in liabilities, equity, or income are recorded.

Credit Columns

Sections in accounting ledgers or financial statements that record amounts which reduce the balance of an account.

Net Loss

A financial situation where a company's expenses exceed its revenues during a specific period, leading to a negative net income on the income statement.