Which of the Following Statements Is True of an Executive

question 60

Multiple Choice

Which of the following statements is true of an executive order?

• A) It is also called a pocket veto.
• B) It is issued by Congress with the approval of the president.
• C) It is not an inherent power of the president.
• D) It is rarely issued by the president.
• E) It has the force of law.

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Return on Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated as net profit divided by initial cost.

Total Liabilities

The sum of all financial obligations and debts owed by a company at a given time.

Total Assets

The sum of all assets owned by an entity, including cash, investments, inventory, and property.