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The separation of powers and federalism are two key features of the Constitution.Discuss why the Founders chose to include these institutional arrangements in the Constitution and how they function.In your answer,be sure to define what is meant by the separation of powers and federalism and to describe how each functions in the American political system.
Income Statement
A financial statement that shows a company's revenue and expenses over a specific period, resulting in net income or loss.
Cost of Goods Sold
Direct expenditures associated with the manufacture of products sold by a firm, covering materials and workforce.
Journal Entries
The records of financial transactions in the double-entry bookkeeping system, each of which must have a debit and a credit.
Purchase and Payment
Purchase and payment refer to the process of acquiring goods or services and subsequently settling the obligation to pay for these goods or services.
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