The Modern Low for Voter Turnout in a Presidential Election

question 30

Multiple Choice

The modern low for voter turnout in a presidential election was ________ percent of eligible voters in the ________ election.

• A)44; 1992
• B)44; 1996
• C)52; 1996
• D)55; 2000

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Definitions:

Single-Step Statement

An income statement format that totals revenues and subtracts expenses to find the net income, using only one step.

Multiple-Step Statement

An income statement that separates operating revenues and expenses from non-operating revenues and expenses, providing a detailed view of a company's financial performance.

Single-Step Statement

An income statement in which all revenues are summed together and all expenses are subtracted in a single step to calculate net income.