Inherent Presidential Powers

question 70

Multiple Choice

Inherent presidential powers

• A) depend on the statement in the Constitution that "the executive Power shall be vested in a President" and that the president should "take care that laws be faithfully executed."
• B) are sometimes called expressed powers.
• C) are powers that come from statues or laws passed by Congress.
• D) include the power to veto legislation.
• E) Options A and C are true.

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Definitions:

Labor Rate

The amount paid to an employee per unit of time, usually per hour or year.

Direct Materials Purchase Budget

A financial plan that estimates the quantities and costs of direct materials to be purchased to meet production requirements.

Ending Inventories

Ending inventories refer to the final amount of goods available for sale or use at the end of an accounting period.

Direct Labor Budget

A financial plan that estimates the cost of direct labor needed to meet production needs within a specific timeframe.