Congress Has Used the Power of the Purse to

question 46

Multiple Choice

Congress has used the power of the purse to

• A) force the withdrawal of troops.
• B) exert influence on foreign aid.
• C) prohibit the funding of projects in countries toward which it determines the United States should take a tougher policy.
• D) take all of these actions.

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Definitions:

Minimum Required Rate

The lowest acceptable rate of return on an investment, as determined by management or investors.

Residual Income

The amount of income that an individual or company retains after accounting for all operating expenses and cost of capital.

Operating Assets

Assets that are used by a company in its daily operations to generate revenue, excluding any investment or non-operational assets.

Net Operating Income

The profit derived from a company's regular business activities, excluding deductions of interest and taxes.