The Federalists Believed That the Powers of Government Could Be

question 11

Multiple Choice

The Federalists believed that the powers of government could be limited by

• A)decreasing the powers of the executive branch,especially those of the vice president.
• B)confining the powers of the federal government to certain narrowly defined areas and by adding a bill of rights to the Constitution.
• C)creating an internal system of checks and controls within government.
• D)preventing government from collecting revenue through taxation.

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Definitions:

Direct Method

A cash flow statement preparation approach that lists major categories of gross cash receipts and payments, offering a more straightforward view of a company’s cash flow from operational activities.

Indirect Method

A way to report cash flows from operating activities by starting with net income and adjusting for non-cash transactions.

Common Shares

Shares of ownership in a corporation that grant holders voting rights and a residual claim on the corporation's assets and earnings.

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a company, including issuing debt, selling stock, or paying dividends.