The Texas Constitution of 1876 Was Designed to Limit the Power

question 52

True/False

The Texas Constitution of 1876 was designed to limit the power of government, especially of the governor's office.

---

Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically for the financing of accounts receivable, inventories, and meeting short-term liabilities.

Short-Term Receivables

Assets expected to be turned into cash within a year, such as accounts receivable from sales or services.

Risk Assessment

The process of identifying, analyzing, and evaluating risks associated with the objectives of an organization, essential for informed decision making and risk management.

Internal Control

A system of policies and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.