Identify Three Specific Powers of Congress That Are Used to Create

question 26

Essay

Identify three specific powers of Congress that are used to create a federal criminal law.Give an example of each.

---

Definitions:

Deferred Revenue

Money received by a company for goods or services which have not yet been provided, recorded as a liability on the balance sheet until the services are rendered or goods are delivered.

Adjusting Entry

A journal entry made at the end of an accounting period to update the accounts and ensure they reflect all revenues earned and expenses incurred during the period.

Deferred Revenue

Income received by a company for goods or services yet to be provided; recognized as a liability until the service or product is delivered.