Which of the Following Is Part of the President's Job

question 67

Multiple Choice

Which of the following is part of the president's job as head of the executive branch?

• A) deciding when to declare war
• B) implementing the law
• C) using the power to lay and collect taxes
• D) using legislative powers to provide for the general welfare of the United States
• E) regulating trade and commerce with foreign nations

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Definitions:

Basic Earning Power Ratio

A financial metric that indicates how well a company's assets are generating income before the effects of taxes and financing costs.

Financial Leverage

The extent to which fixed-income securities (debt and preferred stock) are used in a firm’s capital structure. If a high percentage of a firm’s capital structure is in the form of debt and preferred stock, then the firm is said to have a high degree of financial leverage.

Tax Effects

The impact of taxation on an individual's or company's financial decisions or situations, especially regarding how investments and financial strategies are structured.

Liquidity Analysis

An examination of a company's ability to meet its short-term obligations with its current assets.