Relative to the Notion of Democratic Government,the Supreme Court's Power

question 72

Multiple Choice

 Relative to the notion of democratic government,the Supreme Court's power of judicial review 

• A) places limits on majority rule. 
• B) is limited to state issues. 
• C) generally favors the executive. 
• D) is sometimes democratic, sometimes not. 
• E) is applied frequently.

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Definitions:

Post-Closing Trial Balance

A list of all active general ledger accounts and their balances after closing entries have been posted, used to check the accuracy of closing procedures.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary accounts' balances to permanent accounts, preparing the books for the next period.

Journalized

The process of recording business transactions in the journal, which is the first step in the accounting cycle.

Posted

In accounting, "posted" refers to the process of recording a financial transaction in a company's ledger, which then becomes part of the official financial records.