To Keep in Touch with Their Constituents and Retain a High

question 51

Multiple Choice

To keep in touch with their constituents and retain a high approval rating, congressional members will mail out newsletters or questionnaires postage-free, taking advantage of their:

• A) Media privileges
• B) Franking privilege
• C) Legislative staffs
• D) Office to gain votes

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Definitions:

Withdraw

Withdraw refers to the act of taking out money from a bank account or the removal of assets or resources from use or participation.

Capital Account

An account on a nation's balance of payments that records transactions involving the purchase and sale of assets, such as property and stocks.

Withdrawals

Withdrawals refer to the act of taking money out of a bank account, but in a business context, it often refers to the owner taking funds out of the business for personal use.

Income Summary

An account used in the closing process in accounting to gather all revenues and expenses for a period before transferring the net result to the capital account.