One Major Difference Between the House and Senate Is the Total

question 15

Multiple Choice

One major difference between the House and Senate is the total number of members. As a result

• A) the House will spend much more time on a bill on the floor as opposed to the Senate.
• B) the Senate is able to decide on the proper action on a bill quicker than the House.
• C) a greater number of formal rules are needed to govern activity in the House.
• D) House members must sit on more committees than Senators.
• E) a constitutional amendment has been proposed to increase the size of the House and to reduce the numbers in the Senate.

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Definitions:

Warrants

Options issued by a company that give the holder the right to purchase the company's stock at a specified price before a certain date.

Diluted Earnings

Earnings per share calculated by including the effects of all potential dilutive securities, which could decrease earnings per share by increasing the number of shares outstanding.

Potential Dilutive Effect

The possible impact on a company’s earnings per share if convertible securities were converted into common stock, often considered in financial analysis.

If-Converted Method

A calculation technique used to assess the impact on diluted earnings per share if all convertible securities were converted into common stock.