Each Constitutional Amendment Must Be Proposed by A

question 28

Multiple Choice

Each constitutional amendment must be proposed by a:

• A) one-third vote of Congress.
• B) one-fourth vote of Congress.
• C) two-thirds vote of Congress.
• D) three-fourths vote of Congress.

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Definitions:

Aging

A method used to categorize accounts receivable based on the length of time an invoice has been outstanding.

Accounts Receivable

Unpaid customer debts to a company for goods or services that have been supplied.

Bad Debts Expense

An expense reported on the income statement reflecting the cost of estimated uncollectible accounts receivable.

Net Credit Sales

Sales made on credit minus any sales returns or allowances, reflecting the actual credit sales revenue.