The Civil Service Reform Act _______________________

question 66

Multiple Choice

The Civil Service Reform Act _______________________.

• A) ​prohibits the dismissal of an employee for political purposes
• B) ​was a response to the Spoils System
• C) ​administers the system of federal hiring
• D) ​was modified by the Shakman decision
• E) ​established a system for hiring some federal workers based on job qualifications

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Definitions:

Preferred Shares

A class of ownership in a corporation that has a higher claim on assets and earnings than common shares, often with fixed dividends.

Financing Activities

Transactions related to raising capital and repaying investors, including issuing equity, obtaining loans, and paying dividends.

Exchange for Land

A transaction in which a piece of land is acquired in exchange for something of value, rather than a direct financial purchase.

Adjusted Trial Balance

A trial balance that reflects all adjustments made in accounting records, used to prepare financial statements.