Which of the Following Government Forms Is Ruled by a Few

question 82

Multiple Choice

Which of the following government forms is ruled by a few?

• A) Aristocracy
• B) Dictatorship
• C) Democracy
• D) Monopoly
• E) Monarchy

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Definitions:

Revenue

The complete financial intake a company secures from transactions involving goods or services within a certain interval.

Expenses

Outflows or other using up of assets or incurrence of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity’s ongoing major or central operations.

Held-to-maturity Securities

Financial assets purchased with the intention and ability to hold them until a specified maturity date.

Fair Value

The estimated price at which an asset or liability could be sold or settled in a current transaction between willing parties.