Before a Legislative Session Begins,a Lobbyist Must Have Successfully Completed

question 37

Multiple Choice

Before a legislative session begins,a lobbyist must have successfully completed all of the following except

• A)memorizing the faces of the members,their nonlegislative occupation,and the counties they represent.
• B)establishing rapport through contact with the members of the legislature.
• C)getting to know the family members of legislators because through them the member can be influenced.
• D)knowing the legislative issues,including the arguments of opponents.

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Definitions:

Ending Inventory

The total value of all products, goods, and materials in stock at the end of an accounting period.

Interim Financial Statements

Financial reports covering a period of less than a full fiscal year, often quarterly.

Full Disclosure

A principle requiring that all material facts and information related to financial transactions be disclosed in financial statements.

Conservatism Principle

An accounting principle that advises reporting expenses and liabilities as soon as possible, but revenue only when it is ensured.