Which of the Following Is a True Statement About the Federal

question 42

Multiple Choice

Which of the following is a true statement about the Federal Accounting Standards Advisory Board?

• A) It is a sub-agency of the OMB.
• B) It is a shared jurisdiction board created following an agreement by three federal agencies.
• C) It is an executive office function.
• D) It was created by and reports to Congress.

---

Definitions:

Foot-In-The-Door

A persuasion technique where a small request is followed by a larger request, believing agreement to the first will increase the chances of agreement to the second.

Reciprocity

Reciprocity refers to a mutual exchange of privileges or interactions between two parties, where both benefit from the exchange.

Indebtedness

The feeling of owing something, whether emotional or financial, to another person or entity.

Major Components

Essential parts or factors that constitute a larger system or complex entity.