The War Powers Resolution of 1973 Proclaims That the President

question 27

Multiple Choice

The War Powers Resolution of 1973 proclaims that the president must

• A)notify Congress shortly after engaging in military action.
• B)refrain from military engagement in the absence of a declaration of war.
• C)always consult with Congress before American troops are introduced to a hostile environment.
• D)secure funding for the duration of the war before committing troops.
• E)use sufficient military power to bring about an "immediate and unconditional" end to hostilities.

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Definitions:

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and investments, reflected in a company's cash flow statement.

Financing Activities

This category in cash flow statements includes transactions related to raising capital and repaying investors, such as issuing stock or paying dividends.

Cash Flows

The inflow and outflow of cash and cash equivalents, representing the operating, investing, and financing activities of an entity over a period.

Indirect Method

In finance, it refers to a cash flow statement approach that adjusts net income for the effects of transactions that do not involve cash, to calculate net cash flow from operating activities.