The Difference Between an Interest Group and a Political Party

question 58

Multiple Choice

The difference between an interest group and a political party is that

• A) an interest group exists to run the day-to-day business of government.
• B) a political party seeks to enlist and nominate candidates.
• C) a political party is only interested in certain issues.
• D) an interest group seeks to enlist and nominate candidates.
• E) a political party lobbies governmental officeholders.

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Definitions:

Subsidiary

A company controlled by another company, known as the parent company, through the ownership of more than half of its voting stock.

Inventory

The raw materials, work-in-progress products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Temporal Method

A method used in accounting to translate foreign currency transactions into the reporting currency of a business.

Current Exchange Rates

The present value of one currency in terms of another, used in converting from one currency to another.