The Direct Election of Municipal Officials Is an Example Of

question 5

Multiple Choice

The direct election of municipal officials is an example of:

• A)administrative decentralization
• B)fiscal decentralization
• C)judicial decentralization
• D)political decentralization

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Definitions:

Inventory Loans

are secured short-term loans or lines of credit given against the inventory of a business, used to purchase additional inventory or manage cash flow.

Advantages

Advantages are beneficial aspects or competitive edges that a business or entity has over others in its field or market.

Disadvantages

The unfavorable conditions or attributes that lead to a decrease in effectiveness, efficiency, or benefit.

Trust Receipt

A notice provided by the bank to a buyer who has taken out a short-term loan to purchase goods, with the bank holding the title to those goods until the loan is repaid.