Which of the Following Statements About the Senior Executive Service

question 37

Multiple Choice

Which of the following statements about the Senior Executive Service is LEAST accurate?

• A) It was established to give federal agencies greater freedom from the presidency.
• B) It is staffed by persons who specialize in managing public agencies.
• C) Instead of working their entire careers at one agency, senior executives may be transferred to another agency where their skills are needed more.
• D) Members of the SES currently fill most of the top managerial positions in the federal bureaucracy.
• E) There are over 6,000 members of the SES in the government today.

Comprehend accruing revenues and expenses and their implications on financial statements.

Distinguish between various types of revenues and expenses and their recognition.

Recognize the importance of adhering to accounting principles such as the matching and revenue recognition principles.

Calculate key financial ratios and interpret their significance.