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Some Presidents Have Argued That They Should Have the Power

question 4

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Some presidents have argued that they should have the power of a line-item veto,which is the authority to nullify or cancel specific provisions of a bill,usually a budget appropriations bill,without vetoing the entire legislative package.A line-item veto is a challenge to which of the following principles?


Definitions:

Account

A record of increases and decreases in specific asset, liability, or owner’s equity items.

Freight

Costs associated with the transportation of goods, often recognized separately on financial documents for accounting purposes.

Discount Period

The time frame within which a payment can be made at a discounted rate from the total outstanding amount, incentivizing early payments.

Inventory

The goods or materials a business holds for the purpose of resale or production.

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