Which of the Following Statements About Administrative Agencies Is True

question 41

Multiple Choice

Which of the following statements about administrative agencies is true?

• A) They have broad policy-making powers which have delegated to them
• B) They are all wholly independent of executive power control
• C) They are all highly controlled by the executive branch
• D) They have no independent policy-making powers

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Definitions:

Owner's Drawings

Owner's disbursements from a business in either a sole proprietorship or partnership for personal expenditures.

Salaries and Wages Expense

The total amount spent by a business on its employees' salaries and wages during a specific period.

Equipment

Tangible assets used in operations, such as machinery and office hardware, which are subject to depreciation over their useful lives.

Debit

A financial record that boosts asset or expense ledgers or reduces liability, equity, or income ledgers.