State and Local Party Organizations Do All of the Following

question 62

Multiple Choice

State and local party organizations do all of the following EXCEPT

• A) raise funds for candidates.
• B) conduct voter registration drives.
• C) litigate against unfavorable policies.
• D) recruit candidates for office.
• E) conduct get-out-the-vote drives.

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Definitions:

Payable

Short-term financial obligations or debts of a company, typically to suppliers, that are due to be paid within one year.

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.

Dividends Payable

A liability on a company's balance sheet representing the amount of declared dividends that are owed to shareholders but not yet paid.

Retained Earnings

The portion of net income that is retained by the corporation rather than distributed to its owners as dividends.