What Is the Term for an Item on a State

question 60

Multiple Choice

What is the term for an item on a state or local ballot that seeks to determine accurate public opinion for use in resolving a pressing political issue without creating widespread public dissatisfaction?

• A) Public opinion poll
• B) Solicitation
• C) Referendum
• D) Political canvass
• E) Survey

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Definitions:

Tangible Asset

Physical and material assets that can be seen, touched, or quantified, such as machinery, buildings, and inventory.

Goodwill

The intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.

GAAP

Generally Accepted Accounting Principles; a collection of standardized guidelines and practices for financial accounting used in a particular jurisdiction.