Which of the Following Statements Concerning Power in Congress Is

question 81

Multiple Choice

Which of the following statements concerning power in Congress is NOT true?

• A) The Speaker of the House has become more powerful in the past thirty years.
• B) Committee chairs have become weaker in the past thirty years.
• C) The Senate majority leader is much less powerful than the speaker of the House.
• D) The Speaker's office gained power when the Republicans took control of the House in 1994.
• E) Increasing bipartisanship has weakened the power of committee chairs.

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Definitions:

Net Income

The net income of a business, which remains after deducting all costs, taxes, and expenses from the gross revenue.

Deferred Tax Asset Account

An account on the balance sheet representing taxes paid or carried forward but not yet realized, which can be used to offset future tax liabilities.

Earnings Quality

An assessment of the reliability and sustainability of a company's earnings, considering its ability to generate cash flow.

Effective Income Tax Rate

This rate is the average percentage that companies or individuals pay in taxes on their taxable income.