As a Constitution, the Articles of Confederation Were Concerned Primarily

question 49

Multiple Choice

As a constitution, the Articles of Confederation were concerned primarily with

• A) creating a unitary form of government.
• B) creating a federal form of government.
• C) creating a form of government in which the states were largely subservient to the national government.
• D) limiting the powers of the central government.
• E) creating a strong national military.

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Definitions:

Operating Assets

Assets used in the daily operations of a business to generate revenue, including cash, inventory, and equipment.

Return on Investment

A performance measure used to evaluate the efficiency of an investment or compare the efficiencies of several different investments.

Flexible Budgets

Financial plans that can be adjusted or modified to take into account changes in volume of operations or activity levels, allowing for more accurate budgeting.

Manufacturing Overhead

This includes all the indirect costs involved in manufacturing a product, such as utilities, depreciation, and salaries of supervisors.