Which of the Following Is True of the Freedom of Information

question 63

Multiple Choice

Which of the following is true of the Freedom of Information Act?

• A) It requires government agencies to notify the media if they are exceeding their budget for the fiscal year.
• B) It requires federal agencies to disclose information on file about an individual to that individual upon his or her request.
• C) It provides for a statute of limitations on the Government in the Sunshine Act.
• D) It requires executive agencies to release information to congressional oversight committees.
• E) It was repealed after 9/11.

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Definitions:

Financing Activities

Activities that result in changes in the size and composition of the equity and borrowings of a company, as reported in the cash flow statement.

Statement of Cash Flows

is a financial statement that details the inflows and outflows of cash within a company over a specific period, highlighting its operating, investing, and financing activities.

Financing Activities

Transactions with creditors or investors used to fund either company operations or expansions.

Investing Activities

Refers to the purchasing and selling of long-term assets and other investments, not including cash equivalents, which are reported in a company's cash flow statement.