The Augustan System Refers To

question 28

Multiple Choice

The Augustan system refers to:

• A) the religious procedures instituted by Augustus for the worship of the goddess Roma.
• B) the political reforms instituted by Augustus and continued under his successors.
• C) a complex system of checks and balances within the Roman government that Julius Caesar began and Augustus continued.
• D) an innovative educational system that Augustus imported from Greece to better prepare Romans to serve their government.
• E) all of these

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Definitions:

Debt Service Funds

Governmental funds used to account for the accumulation of resources for, and the payment of, long-term debt principal and interest.

Restricted

Refers to funds or assets that are earmarked for specific purposes and cannot be used for general expenditures.

Nonspendable

Funds not available for spending because they are legally or contractually required to remain intact.

Committed

In finance, "committed" refers to a pledge or firm agreement to execute a financial transaction or investment.