Because of the ________, Only ________ of the Senate Is

question 37

Multiple Choice

Because of the ________, only ________ of the Senate is up for reelection in every even-numbered year.

• A) two-year term; one-third
• B) six-year term; one-half
• C) six-year term; one-third
• D) four-year term; one-third

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Definitions:

Administrative Expenses

Costs associated with the general administration of a business, such as salaries of executive officers, legal and secretarial expenses.

Client-visits

The instances when a client or customer visits a business premise for the purpose of obtaining services or conducting business.

Activity Variance

The difference between budgeted and actual costs due to changes in the level of activity.

Budgeting

Formulating a scheme for managing your funds, highlighting a firm's monetary and practical ambitions.