Which of the Following Was Created by President Franklin Roosevelt's

question 55

Multiple Choice

Which of the following was created by President Franklin Roosevelt's New Deal policies?

• A) publicly-supported job creation
• B) establishment of a more regulated capitalist economy
• C) income security for retired citizens
• D) a safety net for people in financial need
• E) All these answers are correct.

---

Definitions:

Periodic Inventory System

An inventory accounting system where updates to inventory levels and Cost of Goods Sold are made at set intervals.

GAAP

Generally Accepted Accounting Principles, which are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.

IFRS

International Financial Reporting Standards, a set of accounting standards providing a global framework for how public companies prepare financial statements.

Ownership Of Goods

The legal right or title to possess and use goods, typically transferring from seller to buyer upon payment.