Which of the Following Statements Is True of Delegation of Quasi-Legislative

question 55

Multiple Choice

Which of the following statements is true of delegation of quasi-legislative authority to administrative agencies?

• A) The delegation of authority should be general and unlimited to ensure smooth running of the administrative processes.
• B) The delegation of authority to an agency must provide that the agency's power to act is limited to areas that are certain.
• C) The delegation of authority should contain broad language to avoid confusion in the performance of an action.
• D) The delegation of authority involves grant of substantial discretion to the judiciary.
• E) The delegation of authority allows courts to interfere with the discretion given to the agency and can substitute their judgment for that of the agency.

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Definitions:

Accounts Payable

An account representing the amounts a company owes to suppliers or creditors for goods or services received but not yet paid for, typically a current liability on the balance sheet.

Perpetual Inventory System

An inventory system that updates the quantity and cost of inventory immediately following purchase or sale activities.

Merchandise Inventory

Goods and products that a retailer, wholesaler, or distributor holds in stock with the intent to sell them for profit.

Cost of Goods Sold

The total direct costs attributable to the production of goods sold by a company during a specific period.