Democracy Functions Best When

question 40

Multiple Choice

Democracy functions best when

• A)less than a majority of citizens vote in every election.
• B)citizens are informed.
• C)all candidates for office are highly educated.
• D)all candidates for office are wealthy.

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Definitions:

Petty Cash Receipt

A petty cash receipt is a document used to record small cash payments for minor expenses, part of a system to manage incidental or minor office costs.

Petty Cash Account

A small amount of cash kept on hand for making immediate payments for miscellaneous small expenses.

Compensating Balance

A requirement by some banks requiring depositors to maintain minimum cash balances in their bank accounts.

Petty Cash Fund

A special cash fund to pay relatively small amounts.