The Main Conduit for Communication Between the President and Congress

question 10

Multiple Choice

The main conduit for communication between the president and Congress is which of the following?

• A) The legislative liaison staff
• B) Friendly lobbyists
• C) Journalists trading information in their attempts to find out what is likely to happen with legislation
• D) The president's chief of staff
• E) Staff from the offices of the Speaker of the House and the Majority Leader of the Senate

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Definitions:

Control Account

An account in the general ledger used to simplify the recording of transactions and track the total amounts for financial statement purposes, often summarizing the details that are held in a subsidiary ledger.

Special Journals

Accounting books or ledgers used for recording and categorizing specific types of transactions such as sales, purchases, cash disbursements, and cash receipts in a more efficient manner.

Merchandise Purchase

Transactions involving the buying of goods for resale in the normal course of business.

Cash Payments Journal

A financial journal that records all cash payments made by a business, including expenses, asset purchases, and debt payments.