_______ Are Elected in the Party's Primary and Serve Two

question 37

Multiple Choice

_______ are elected in the party's primary and serve two years. They recruit volunteers, coordinate campaign workers during elections, and participate in get-out-the-vote and voter registration drives at the local level.

• A) Party chairs
• B) County chairs
• C) Precinct chairs
• D) State party chairs

---

Definitions:

Permanent Working Capital

Permanent Working Capital is the minimum amount of capital that a company needs to operate effectively and continuously over the long term.

Financing Current Assets

The process of obtaining funds to cover short-term operational needs such as inventory, accounts receivable, and day-to-day expenses.

Short-Term Debt

Borrowings and obligations payable within one year, often used to meet immediate financing needs or manage cash flow efficiently.

Long-Term Debt

Borrowings and financial obligations that are due for repayment in more than one year, indicating a company's leverage.