Examlex
Financial planning models have two classifications. What are they and how do they differ from each other?
Cabinet-Level Department
A major administrative unit in the executive branch of the government, typically headed by a Secretary, that deals with broad areas of national policy.
Enabling Legislation
Laws that provide the necessary authority for an entity or agency to carry out its powers and duties.
Discretionary Powers
The authority granted to an official or a body to act according to their own judgment and conscience in certain situations.
Informal Powers
Powers not explicitly stated in laws or regulations but exercised by individuals or institutions through influence, negotiation, or personal authority.
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