Which of the Following Is a Characteristic Feature of a Confederal

question 34

Multiple Choice

Which of the following is a characteristic feature of a confederal system? 

• A) It is a system in which the states are "creatures" of the national government.​ 
• B) It is joined together by a central government that has unlimited powers over it. 
• C) It is not bound together by a central government and the states have independent authorities. 
• D) It has a system of shared sovereignty where the powers are divided between a central and regional government. 
• E) It consists of a league of independent sovereign states joined by a central government with limited power.

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Definitions:

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure consistency and accuracy of the figures.

NSF Check

A check that has been refused by the bank due to insufficient funds in the account it was drawn against.

Bank Service Charge

Fees charged by a bank for account services, such as account maintenance, transactions, and other banking services.

Outstanding Checks

Checks that have been issued and recorded in the account ledger but have not yet been cashed or cleared by the bank.