Which of the Following Statements Is True Regarding Administrative Law

question 7

Multiple Choice

Which of the following statements is true regarding administrative law judges?

• A) ALJs are appointed by the president with the approval of the Senate.
• B) ALJs may be removed only for good cause.
• C) There are more than twice as many federal judges as there are administrative law judges.
• D) Administrative law judges preside over jury cases within the area of expertise of the agency.

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Definitions:

Line Item

A specific and individual entry recorded in a financial statement or budget that represents income, expense, asset, or liability.

Closing Inventories

The total value of goods available for sale at the end of an accounting period, recorded on the balance sheet.

Non-Controlling Interests

The portion of equity in a subsidiary not attributable directly or indirectly to the parent company, sometimes referred to as minority interest.

Retained Earnings

Profits that a company retains for reinvestment in its operations, rather than distributing to shareholders as dividends.