_______________________ Occurs When the National Government Grants Money Directly to Local

question 3

Multiple Choice

_______________________ occurs when the national government grants money directly to local governments and bypasses the states.

• A) Direct federalism
• B) Co-optative federalism
• C) Cooperative federalism
• D) Dual federalism

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Definitions:

Variable Manufacturing Cost

Costs that vary directly with the level of production output, such as raw materials and direct labor.

Revenue Centre Manager

A manager responsible for generating income and overseeing the revenue generation activities of a particular business unit, without direct control over costs or investments.

Investment Centre Manager

A role in charge of a business unit that is responsible for its own revenues, expenses, and assets, and is evaluated on its return on investment.

Cost Centre Manager

A manager responsible for a department or unit within a company that does not directly generate profit, focused on minimizing costs.