What Explanation Has Been Put Forth to Explain the Legitimacy

question 44

Multiple Choice

What explanation has been put forth to explain the legitimacy of power in a state organization?

• A) States must provide people with real or rational advantages.
• B) Humans have a natural tendency to follow a dominant leader.
• C) Force and the threat of force are enough pressure to keep people in line.
• D) States are the most efficient system and provide the most benefit to the individual.

---

Definitions:

Net Realizable Value

The estimated selling price in the ordinary course of business minus the estimated costs of completion and the necessary costs to make the sale.

Replacement Cost

The current cost of replacing an asset with a similar new asset.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the company.

Physical Inventory

An actual count of all merchandise or stock on hand, conducted periodically to ensure the accuracy of inventory records.