Which of the Following Was NOT One of the Principles

question 61

Multiple Choice

Which of the following was NOT one of the principles built into the government of the newly formed American state?

• A) the equality of all inhabitants
• B) emphasis on the rights of individuals
• C) a written constitution that guaranteed personal freedoms
• D) a responsible government based on popular sovereignty
• E) the creation of a federal republic

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Definitions:

Proprietary Fund Types

Types of funds used by governmental entities to account for activities similar to those found in the private sector, where the intent is to recover costs through user charges.

Internal Service Funds

Funds used by a government entity to account for the services provided by one department to other departments on a cost-reimbursement basis.

Enterprise Funds

Governmental accounting funds used to account for operations financed and operated in a manner similar to private business enterprises, where the intent is that the costs are financed primarily through user charges.

Non-Exchange Transactions

Transactions where an entity receives value without directly giving equivalent value in exchange, often seen in grants, donations, and government assistance.