Why Is the Comptroller of Public Accounts So Important to the Legislature

question 49

Multiple Choice

Why is the comptroller of public accounts so important to the legislature?

• A) The comptroller is responsible for setting the salary and compensation packages for legislators.
• B) The comptroller informs the legislature how much money it has to spend on the budget.
• C) The comptroller investigates suspected illegal campaign contributions.
• D) Whoever is comptroller is also the Speaker of the House.

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Definitions:

Comparative Advantage

The capacity of a person or collective to conduct a specific economic operation more effectively compared to another.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.

Jobs Argument

An economic perspective that emphasizes the creation or maintenance of employment as a primary consideration in policy-making.

Unfair-Competition Argument

A contention in international trade that certain practices give companies or countries an unjust advantage, such as labor exploitation or environmental bypassing.