Iron Triangles Refer to Alliances Between

question 28

Multiple Choice

Iron triangles refer to alliances between

• A)a Congressional committee, an executive agency, and an interest group.
• B)political parties, the president, and the courts.
• C)the President, Speaker, and the Majority Leader.
• D)standing committees, conference committees, and joint committees.

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Definitions:

Estimated Salvage Value

The projected value of an asset at the end of its useful life, used in calculating depreciation.

Straight-Line Depreciation

A method of allocating an asset's cost evenly across its useful life.

Useful Life

The estimated time period that an asset is expected to be usable for the purpose it was acquired, influencing depreciation calculations and capital budgeting.

Straight-Line Method

A method of calculating depreciation of an asset by evenly spreading its cost over the expected useful life of the asset.