________________________________ Is Information That Should Not Be Disclosed to Outside

question 115

Essay

________________________________ is information that should not be disclosed to outside parties unless demanded by a court._____________________________ cannot be demanded,even by a court.

Understand the chart of accounts and its role in organizing financial information.

Grasp the concept of normal balances of accounts and how they are determined.

Analyze the process of preparing a trial balance and its role in verifying the equality of debits and credits in the ledger.

Identify common errors in the accounting process and understand methods to find and correct them.

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Definitions:

Customs Collectors

Officials responsible for collecting duties imposed by a government on imported and exported goods.

Democratic-Republican

A political party in the United States that evolved in the 1790s and supported states' rights and agriculture, opposing the Federalist Party.

Marbury V. Madison

A landmark U.S. Supreme Court case in 1803 that established the principle of judicial review in the United States, meaning that American courts have the power to strike down laws, statutes, and some government actions that they find to violate the Constitution.

Judiciary Act

Legislation passed by Congress to establish the federal judiciary system, including the Supreme Court, federal district and circuit courts, and the office of the Attorney General.