The Single Largest Expenditure by State and Local Governments Is

question 39

Multiple Choice

The single largest expenditure by state and local governments is on

• A)highways.
• B)police.
• C)public welfare.
• D)education.

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Definitions:

Internal Control

Measures and protocols established within an organization to safeguard its assets, enhance the reliability of its accounting records, and increase efficiency in operations.

Bundle

A group of products or services sold together, often at a reduced price compared to purchasing each item individually.

QBO

Stands for QuickBooks Online, a cloud-based accounting software designed for small and medium-sized businesses.

Credit Card

A payment card issued by banks that allows users to borrow funds to pay for goods and services, with the promise to pay back the borrowed amount plus interest.