A Set of Permanent Executive Branch Agencies, Such as the Office

question 94

Multiple Choice

A set of permanent executive branch agencies, such as the Office of Management and Budget and the National Security Council, that perform defined management tasks for the president and compose a major part of what is called the "institutional presidency," is officially known as the:

• A) cabinet.
• B) White House.
• C) Directorate of Executive Affairs.
• D) Executive Office of the President.

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Definitions:

Authorized

Refers to the official approval or permission for something, often used in the context of authorized shares in a corporation.

Outstanding

Describes something that is currently due or has not been settled or resolved, often referring to payments or checks.

Treasury Stock

Shares once issued and then retrieved by the originating company, lowering the volume of shares trading on the open market.

Par Value

A nominal or face value given to a share of stock or a bond, often used in accounting to determine legal capital or in the issuance of shares.