What Is the Purpose of "Exploratory Committees

question 35

Multiple Choice

What is the purpose of "exploratory committees"?

• A) They seek negative publicity on electoral opponents.
• B) They are formed in order to determine if public policy is in agreement with public opinion.
• C) Potential presidential candidates use them to assess the feasibility of making a formal declaration of official candidacy.
• D) They represent the electoral equivalent of an ethics investigation.
• E) They are committees appointed by Congress to assess the needs of Americans.

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Definitions:

Annuity

A series of periodic cash receipts or payments that are equal in amount each interest period.

Consecutive Payments

Regular payments made in a series one after another, often referring to loan repayments or lease payments.

Accrued Liability

A liability that has been incurred, often for expenses, that has not yet been paid or recorded at the end of the accounting period.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity of the business.