The Branch of Law Dealing with the Definition and Enforcement

question 6

Multiple Choice

The branch of law dealing with the definition and enforcement of all private or public rightsis

• A)administrativelaw.
• B)civil law.
• C)constitutional law.
• D)federallaw.

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Definitions:

Cash Receipts

The collection of money (cash, checks, wire transfers) by a business or individual, often recorded in the accounting records.

Finished Goods Inventory

The total value of all completed products that have not yet been sold by a company.

Cash Collections

The process of gathering all cash receipts from sales or other sources during a particular period.

Merchandise Purchases Budget

A financial plan that estimates the cost of goods a company needs to purchase to meet its sales goals.