What Is the Major Distinction Between Executive and Independent Agencies

question 29

Multiple Choice

What is the major distinction between executive and independent agencies?

• A)Executive agencies govern business issues while independent agencies regulate individual matters.
• B)The President has greater control over executive agencies.
• C)The Administrative Procedure Act regulates independent agencies but not executive agencies.
• D)Subpoenas may be issued by independent agencies;executive agencies do not have subpoena power.

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Definitions:

Liability

Any type of financial debt or obligation that a company or individual owes to another party.

Products Or Services

The outcomes of a business process or activity, which include tangible goods and intangible deliveries provided to meet customer needs.

Debit Side

The left side of an account in double-entry bookkeeping that records increases in assets, expenses, and decreases in liabilities, equity, and income.

Accounts Receivable

The amount that customers are required to pay a business for the goods or services they have received but have not yet paid for.