What Is Meant by "Administrative Discretion

question 13

Multiple Choice

What is meant by "administrative discretion"?

• A) The federal courts have considerable oversight ability and latitude to steer an agency.
• B) An agency is not bound by its written regulations and may adapt its procedures to meet the particular circumstance.
• C) Having enacted the legislation, Congress has reserved the right to create administrative guidelines for an agency.
• D) When laws are vague, a federal agency usually has considerable freedom in deciding how to implement them.
• E) In regard to a federal agency, the president has considerable freedom to dictate to the agency how a law will be implemented.

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Definitions:

ROA

Return on Assets, a financial ratio indicating how profitable a company is relative to its total assets, measuring how efficiently assets are utilized.

External Funding Requirement

The amount of money needed to be raised from external sources to finance the planned activities or investments of an organization or project.

Growth In Assets

An increase in a company's or individual's asset base over a specific period.

Current Liabilities

Obligations of a company due within one year, including accounts payable, short-term loans, and other similar debts.