Which of the Following Statements Regarding Nondemocratic Rule and Legitimacy

question 25

Multiple Choice

Which of the following statements regarding nondemocratic rule and legitimacy is accurate?

• A) Nondemocratic regimes are never legitimate in the eyes of the public.
• B) Nondemocratic regimes are never legitimate in the eyes of the international community.
• C) Nondemocratic regimes may enjoy the same level of institutionalization as any democratic regime.
• D) Nondemocratic regimes were only considered legitimate if they are industrialized.

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Definitions:

Periodic Inventory

An inventory accounting system where inventory counts and cost of goods sold (COGS) are determined at the end of an accounting period.

Inventory Balance

The total value of a company's inventory at the end of an accounting period, comprising raw materials, work-in-progress, and finished goods.

LIFO of $450,000

The last-in, first-out method applied to inventory that results in an ending balance of $450,000.

LIFO Reserve

The difference between the cost of inventory calculated using the Last In, First Out (LIFO) method and the cost calculated using the First In, First Out (FIFO) method.