In Most Cases, Congress Delegates Power to Bureaucratic Agencies in the Executive

question 75

True/False

In most cases, Congress delegates power to bureaucratic agencies in the executive branch rather than directly to the president.

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Definitions:

Return on Investment

A financial metric that calculates the profitability of an investment by dividing the net profit by the initial cost.

Support Department Allocations

The process of distributing overhead costs from support departments to producing departments based on predetermined criteria.

Operating Income

is the profit realized from a business's operations after deducting operating expenses such as wages and depreciation, but before interest and taxes.

Residual Income

Residual income is the amount of net income generated beyond the minimum return expected by an entity or on an investment, often used as a measure of corporate and individual performance.