Constitutionally,a State-Of-The-State Message Must Be Given by the Governor

question 29

Multiple Choice

Constitutionally,a state-of-the-state message must be given by the governor

• A)at the beginning of the governor's term.
• B)30 days after the governor has been elected.
• C)at the beginning of each legislative session.
• D)at the end of a governor's term in office.

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Definitions:

Prepaid Insurance

An asset account that represents payments made for insurance coverage before the coverage period.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure accuracy.

Accounts Receivable

Dues from clients to a corporation for goods or services already benefited from but yet to be paid for.

Debit Entries

Accounting records that increase an asset or expense account, or decrease a liability, equity, or revenue account.