Gibbons V.Ogden (1824)was Important Because It

question 61

Multiple Choice

Gibbons v.Ogden (1824) was important because it

• A)developed the concept of judicial review.
• B)developed the concept of dual citizenship.
• C)established the supremacy of the national government in all matters affecting interstate commerce.
• D)determined that the forced relocation of the Five Civilized Tribes to Oklahoma was unconstitutional.

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Definitions:

Activity Variance

The gap between planned activity levels and actual outcomes in any sphere of operations, reflecting operational efficiency and planning accuracy.

Selling And Administrative Expenses

Costs related to sales activities and general management of a business, excluding production costs.

Budgeting

The process of creating a plan to spend money, setting forth projections for revenues and expenses over a certain period of time.

Activity Variance

The difference between what was expected in terms of spending or usage during a period and what actually occurred.