A Representative Democracy Is a System of Government That

question 22

Multiple Choice

A representative democracy is a system of government that

• A) allows citizens to vote directly on laws and policies.
• B) allows citizens to make, veto, or judge statutes personally.
• C) gives citizens a regular opportunity to elect top government officials.
• D) gives citizens the ability to debate important constitutional decisions.
• E) legally requires government officials to vote for policies that a majority of their constituents prefer.

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Definitions:

Merchandise Inventory

Goods held for sale to customers in the ordinary course of business.

Accounts Receivable

This term refers to the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Accounts Payable

The amount of money a company owes to suppliers or creditors for goods and services received but not yet paid for.

Merchandise Inventory

Goods held for sale by a business, typically in a retail or wholesale setting, valued at either cost or market price.