Which of the Following Is Characteristic of an Executive Administrative

question 4

Multiple Choice

Which of the following is characteristic of an executive administrative agency?

• A) It has complete independence from the president.
• B) It deals only with executives of major corporations.
• C) It is housed within the executive branch of the government.
• D) It has complete independence from Congress.

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Definitions:

Cash Balance

The amount of cash held in a company's bank account and on hand at any given time.

Dividends Declared

Profits distributed by a company to its shareholders out of its earnings, based on the number of shares owned.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, often reinvested in the business or kept as a reserve.