Under the Articles of Confederation, Most Power Rested with

question 58

Multiple Choice

Under the Articles of Confederation, most power rested with

• A) Congress.
• B) the states.
• C) towns and cities.
• D) the British government.
• E) the national court system.

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Definitions:

Monthly Sales

The total revenue generated from sales activities in one calendar month, often used to track business performance.

Net Operating Income

A company's revenue minus its operating expenses, not including taxes and interest, reflecting the profit generated from regular business operations.

Fixed Expenses

Costs that remain constant for a period of time irrespective of the level of outputs, like rent, salaries, and insurance premiums.

Operating Results

The financial outcomes of a company's business activities, including revenue, expenses, and profit, over a certain period.