Leadership PACs Are

question 35

Multiple Choice

Leadership PACs are

• A)members of Congress who have previously served on the Parent's Advisory Council.
• B)interest groups that lobby Congress to provide more funding for performing arts centers.
• C)organizations that members of Congress use to raise funds that they then distribute to other members of their party who are running for election.
• D)federally funded training academies that educate newly elected members of Congress on the norms of the House and Senate.

---

Definitions:

Charged

Charged refers to recording or incurring an expense or cost against a company's accounts or to the process of loading a financial obligation onto a financial account.

Cost Accounting Systems

Methods and procedures used for collecting, classifying, analyzing, and allocating costs associated with a process, product, or project.

Process Cost System

An accounting system used to track and allocate costs of production in industries where goods are produced uniformly in continuous processes.