The Executive Branch of Government Normally Appoints the Top Officials

question 64

True/False

The executive branch of government normally appoints the top officials of an agency with the advice and consent of the legislative branch.

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Definitions:

Money Market Securities

Short-term financial instruments, typically with high liquidity and low risk, such as Treasury bills and commercial paper.

Cash Equivalents

Temporary investments with high liquidity that can be quickly converted into precise cash amounts and carry minimal risk of fluctuating in value.

Marketable

Refers to assets or securities that are easily bought or sold in the market because of their high demand, liquidity, or both.

Bid Price

The highest price a buyer is willing to pay for a security or asset.