Which of the Following Is an Indicator of Increased Professionalization

question 14

Multiple Choice

Which of the following is an indicator of increased professionalization in Congress?

• A) increased numbers of congressional staff
• B) congress is in recess more than it is in session
• C) being a member of Congress is still considered a part-time job
• D) higher levels of fund-raising are required to be elected

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Definitions:

Redeemed

The process of exchanging a financial instrument, such as a bond or coupon, for its cash value.

Carrying Amount

The book value of an asset or liability on the balance sheet, calculated by deducting any accumulated depreciation or amortization from the asset's initial cost.

Bonds Payable

Liabilities representing amounts owed by a company to bondholders, to be paid at a specified maturity date.

Face Value

The nominal value or dollar value printed on a bond, note, or other financial instrument, representing the amount due at maturity.