Which Committee Acts as Screening Mechanisms to Filter Out Bad

question 40

Multiple Choice

Which committee acts as screening mechanisms to filter out bad bills or bills that have little or no political support?

• A)Standing
• B)Conference
• C)Joint
• D)Select

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Definitions:

Working Capital Ratio

A liquidity ratio that measures a company's ability to pay off its current liabilities with its current assets.

Acid-test Ratio

The acid-test ratio, also known as the quick ratio, measures a company's ability to pay its current liabilities without needing to sell inventory.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Current Liabilities

Current liabilities are financial obligations a company is due to pay within one year, including accounts payable, short-term debts, and other similar liabilities.