The Highest Policymaking Positions in the U

question 72

Multiple Choice

The highest policymaking positions in the U.S. executive branch

• A)are closed to civil servants.
• B) require merit exams.
• C) are filled with people with elite educations.
• D) are filled with long-term appointees.
• E) are elected.

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Definitions:

High-Low Method

A technique used in managerial accounting to estimate fixed and variable costs associated with production by analyzing the highest and lowest levels of activity.

Mixed Costs

Expenses that contain both fixed and variable components, changing in total with the level of activity but also containing a constant component.

Variable Cost

Variable costs are expenses that vary directly with the level of production or sales volume, such as materials and labor costs.

High-Low Data

A method used in various analyses that involves observing the highest and lowest data points to assess trends or calculate variables.