Democracy Functions Best When

question 40

Multiple Choice

Democracy functions best when

• A)less than a majority of citizens vote in every election.
• B)citizens are informed.
• C)all candidates for office are highly educated.
• D)all candidates for office are wealthy.

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Definitions:

Budget Performance Report

A report comparing actual results with budget figures.

Cost Center

A division or department within a business that does not directly contribute to profit but incurs costs, used for budgeting and controlling expenses.

Level of Management

Refers to the hierarchy within an organization's structure, typically including top-level, middle-level, and lower-level management.

Direct Expense

Costs that can be directly traced to a product, service, or specific cost center, such as raw materials and labor.