Which of the Following Is True About Agencies That Rise

question 6

Multiple Choice

Which of the following is true about agencies that rise to the department level and gain a seat in the President's Cabinet?

• A) They always have much larger budgets than those that do not rise to the department level.
• B) They receive subpoena power and the ability to force Congress to hold hearings and votes.
• C) They receive no special powers or privileges.
• D) They receive a seat on the Senate Select Committee.

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Definitions:

Rent Expense

Rent expense is the cost incurred by a business or individual for the use of property or equipment leased from another entity.

Accounts Payable

The financial obligations incurred by a company towards its suppliers or creditors for receiving goods and services that remain unpaid.

Lease Term

The duration for which a lease agreement is effective, usually specified in months or years.

Plant Asset

Plant assets are long-term tangible assets that are used in the production or supply of goods and services, such as machinery, buildings, and vehicles.