How Did the Pendleton Civil Service Reform Act Attempt to Curb

question 21

Multiple Choice

How did the Pendleton Civil Service Reform Act attempt to curb the practices of the spoils system?

• A) by instituting qualifying examinations
• B) by imposing additional taxes on salaries of congressmen
• C) by establishing a review board to screen political appointees
• D) by adopting a party quota system

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Definitions:

Cash Flows

Refers to the net amount of cash and cash-equivalents being transferred into and out of a business.

Discounted Value

Discounted value is the present value of a future amount of money or stream of cash flows given a specified rate of return, reflecting the time value of money.

Present Value

The current worth of a future sum of money, given a specific rate of return or discount rate.

Future Value

The value of an investment or cash at a specified future date, considering the interest rate or rate of return.