What Does the U

question 70

Multiple Choice

What does the U.S. Constitution say about political parties?

• A) The Constitution makes no mention of political parties.
• B) The Constitution recognizes political parties but they are treated with suspicion and distrust.
• C) The Constitution says that political parties are private organizations, but that due to their public importance the government must regulate them.
• D) The Constitution originally banned political parties.
• E) The Constitution says that political parties are subordinate to the executive branch.

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Definitions:

Committed Fixed Costs

Expenses that a company has committed to pay over a period, which do not vary with the level of production or sales.

Depreciation

An accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy.

Variable Cost

Expenses that change in proportion to the amount of goods produced or the volume of sales.

Unit Basis

A method or metric used to measure, allocate, or assess something on a per-unit basis, often related to pricing or cost calculations.