Which of the Following Statements Concerning Ideological "Moderates" Is Correct

question 52

Multiple Choice

Which of the following statements concerning ideological "moderates" is correct?

• A)Fewer Americans identify as "moderate" than as liberal or conservative.
• B)Moderates tend to have higher than average incomes and education.
• C)Moderates are as likely as liberals and conservatives to correctly identify ideologies.
• D)Many people identify as "moderate" because they do not understand the alternatives.
• E)Fewer Americans identify as "moderate" than as liberal or conservative, and moderates tend to have higher than average incomes and education.

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Definitions:

Journal Entry

A record in the books of accounts that documents a business transaction in terms of debits and credits.

Adjusting Entries

Fiscal period closing entries in accounts to properly assign incomes and expenditures to the interval in which they factually took place.

Prepaid Insurance

An asset account that represents insurance premiums paid in advance, covering future periods.

Depreciation

Depreciation is the accounting process of allocating the cost of a tangible asset over its useful life, recognizing it as an expense.