Which of the Following Statements Best Describes the Role of the National

question 60

Multiple Choice

Which of the following statements best describes the role of the National Security Council?

• A) It is an advisory body to the president on foreign policy matters.
• B) It works for the State Department.
• C) It serves as a Congressional standing committee.
• D) It is a military advisory body.
• E) It is a private research council that provides analysis of world events to businesses and individuals.

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Definitions:

Net Income

The residual financial gain of a company post all expenditures and taxes being deducted from its revenues.

Book Value

The value left over from a company’s assets once its obligations are deducted, as listed on the balance sheet.

Significant Influence

The power to participate in the financial and operating policy decisions of an investee but not control those policies.

Net Income

Net income is the profit a company makes after deducting all its costs, expenses, interest, and taxes from its total revenues.