To Amend the Articles of Confederation Required A(n)

question 52

Multiple Choice

To amend the Articles of Confederation required a(n)

• A)agreement between the president and the legislature.
• B)majority vote among citizens of the colonies.
• C)opinion from the supreme court approving the amendment.
• D)majority vote of the Confederation Congress.
• E)unanimous vote of the Confederation Congress.

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Definitions:

Intangible Assets

Intangible assets are non-physical assets having a useful life greater than one year, such as patents, trademarks, and goodwill, that a company owns and can create economic benefit.

IFRS

International Financial Reporting Standards, a set of global accounting standards for financial reporting.

U.S. GAAP

United States Generally Accepted Accounting Principles, which are a set of rules and standards for financial reporting.

Long-Lived Asset

Assets used in the operations of a business that are expected to provide economic benefits for a period longer than one year.