Which of the Following Is NOT True Regarding Today's Governors

question 7

Multiple Choice

Which of the following is NOT true regarding today's governors?

• A)As a group,they have come a long way from the political hacks that often occupied governor mansions before the 1960s.
• B)They are younger and more educated than in previous years.
• C)Once in office,they tend to push aside their vision of state government.
• D)Most have been highly successful in their chosen fields before becoming governor.

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Definitions:

Salvage Value

The anticipated amount an asset is expected to sell for once it reaches the end of its life span.

Pretax Return

The income or profit earned by a business before the deduction of tax.

Net Present Value

A financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time, used to assess the profitability of an investment.

Annual Cash Savings

The amount of money saved over the course of a year as a result of cost-cutting measures, efficiency improvements, or other savings opportunities.