______________________________ Are Federal Laws That Try to Prevent a Monopoly

question 7

Multiple Choice

______________________________ are federal laws that try to prevent a monopoly from dominating an industry and restraining trade.

• A)Antitrust legislation
• B)Anti-dumping statutes
• C)Restrictive trade legislation
• D)Unlimited competition statutes
• E)Regulatory practices legislation

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Definitions:

Posting References

Notations that make the connection between journal entries and the ledgers to which they are posted.

Purchases Journal

A special accounting journal used to record all purchases of merchandise, supplies, or other items on credit.

Cash Payments Journal

A bookkeeping ledger in which cash payments are recorded, showing outflows of cash.

Office Supplies

Items used in an office for daily operations, including stationary, paper, and other consumables.