Under the Articles of Confederation,it Was Left to the ______

question 12

Multiple Choice

Under the Articles of Confederation,it was left to the ______ to execute the laws passed by Congress.

• A) states
• B) chief executive
• C) courts
• D) bureaucracy
• E) president

---

Definitions:

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and government bodies.

Revenue Agency

This is a government body responsible for the administration of tax laws and the collection of taxes and other revenue.

Current Assets

Items of value that are forecasted to be liquidated, traded, or depleted within the span of one year or throughout the duration of the operational cycle, whichever timeframe is greater.

Current Liabilities

Obligations that a company expects to pay within one year or within its normal operating cycle, whichever is longer, including accounts payable, short-term loans, and other accrued liabilities.