The Constitution Adopted in 1876 Included Provisions to Do All

question 54

Multiple Choice

The constitution adopted in 1876 included provisions to do all of the following except

• A) set the salaries of elected officials in the constitution.
• B) establish a state debt ceiling.
• C) limit the governor's term to two years.
• D) hold annual regular legislative sessions.
• E) limit the number of executive appointments the governor may make.

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Definitions:

Certificates of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate, held at a bank or financial institution.

Bank Reconciliation

The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.

Bank Balance

Bank balance refers to the total amount of money available in a bank account at a specific point in time, as recorded by the financial institution.

Book Balance

The balance in a financial account according to a company's accounting records, not necessarily reflective of available funds.