Which of the Following Statements About the Merit System Is

question 17

Multiple Choice

Which of the following statements about the merit system is FALSE?

• A) Every member and official of a government agency has been appointed as part of the merit system.
• B) The merit system establishes competitive exams for jobs.
• C) The merit system gives bureaucrats job protection.
• D) The merit system in federal employment originated in the Civil Service Reform Act of 1883.
• E) The merit system stipulates that appointees to public office must be qualified for the job to which they are appointed.

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Definitions:

Cash Balance

The amount of liquid funds available in a company's cash account at any given time.

Cash Outflow

The total amount of money leaving a company, encompassing expenses, investments, and other payments within a given period.

Pays Supplier

The process of remitting payment to suppliers for goods or services received, which is crucial for sustaining business operations and relationships.

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and investments, used in cash flow analysis.