The 5 Percent Clause Means That a Party Must

question 29

Multiple Choice

The 5 percent clause means that a party must

• A) have the support of 5 percent of registered voters to be an official party.
• B) have 5 percent minority membership.
• C) win 5 percent of the seats in the Bundestag to be part of the governing coalition.
• D) win 5 percent of the vote to be awarded seats in the Bundestag.
• E) win 5 percent of the vote to be awarded public financing in the next election.

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Definitions:

Journal Entry

A record in accounting that represents a transaction where there is at least one debit and one credit in the company's accounts.

Cash Over And Short

An account used to document discrepancies between physical cash counts and the accounting records, due to errors or theft.

Petty Cash Fund

A small amount of cash kept on hand for making immediate, minor expenses in a business.

Custodian

An entity or individual responsible for safeguarding and managing assets or securities, ensuring their safekeeping and proper administration.