Explain the Duties of Each Component of Congressional Staffing: Congressional

question 70

Essay

Explain the duties of each component of Congressional staffing: Congressional agencies, personal staff, and committee staff. Explain the role of each component in Congressional activity, especially legislative activity.

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Definitions:

Adjusted Trial Balance

A record comprising all the accounts with their respective balances, revised after adjusting entries, employed in the preparation of financial documents.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in a net profit or loss.

Owner's Equity Statement

A financial document detailing the changes in the equity of an owner in a company over a specific period.

Time Period Assumption

An accounting principle that suggests a business's activities can be divided into specific time periods for reporting purposes.