Which of the Following Is NOT a Reason That a President

question 47

Multiple Choice

Which of the following is NOT a reason that a president might issue an executive order?

• A)Executive orders allow the president to take unlimited action without congressional authorization.
• B)Executive orders allow the president to take action without the necessity to persuade.
• C)Executive orders allow the president to reorganize the structure of the executive branch.
• D)Executive orders allow the president to set procedures for the operation of the executive branch.
• E)Executive orders allow the president to establish the chain of command.

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Definitions:

Prior Year Financial Statements

Reports that detail a company's financial performance in the previous fiscal year, including the income statement, balance sheet, and cash flow statement.

Bad Debt Expense

This is an expense account reflecting the cost of accounts receivable that a company does not expect to collect.

Credit Card Discounts

It refers to the reduction in the amount receivable from customers who make payments through credit cards, accounting for the fees charged by the credit card companies.

Operating Expenses

The costs associated with running the day-to-day operations of a business, such as rent, utilities, and salaries.