In Chile, the Military Regime That Drafted the Constitution of 1980

question 40

Multiple Choice

In Chile, the military regime that drafted the Constitution of 1980 attempted to create a democracy with a:

• A)strong legislature
• B)strong executive
• C)balance in strength between the executive and legislature
• D)strong judiciary to check legislative and executive power

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Definitions:

Investment Income

The money earned from various investments, including dividends, interest, or rental income.

Significant Influence

The power to participate in the financial and operating policy decisions of an entity, but not control those policies.

Fair-value Method

An accounting strategy used to measure and report assets and liabilities on the basis of estimated fair market prices.

Equity Method

An accounting technique used to record investments in associated companies, recognizing the investor's share of the investees' income.