A "Signing Statement" Is

question 46

Multiple Choice

A "signing statement" is

• A) an expression of the intent of the president to ignore a law.
• B) a means of the president to undermine a law short of a veto.
• C) can include a statement that the executive branch will construe an act in a manner consistent with the president's own views on a president's constitutional authority.
• D) Options A, B, and C are true.
• E) None of the above is true.

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Definitions:

Salvage Value

An asset's projected market price at the termination of its serviceable life.

Simple Rate Of Return

The rate of return computed by dividing a project’s annual incremental accounting net operating income by the initial investment required.

Technologically Obsolete

A state where a product or equipment becomes outdated or no longer competitive due to advances in technology.

Discount Rate

This is the interest rate used in discounted cash flow analysis to determine the present value of future cash flows.