Why Was the General Services Administration (GSA)created as an Independent

question 16

Multiple Choice

Why was the General Services Administration (GSA) created as an independent executive agency in 1949? 

• A) To promote the interests of small businesses 
• B) To conduct covert operations outside the United States 
• C) To manage the government's Social Security programs 
• D) To serve specific parts of the government 
• E) To provide services and office space for most federal agencies

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Definitions:

Net Operating Income

The total profit of a business after subtracting operating expenses but before deducting taxes and interest.

Future Costs

Costs that are expected to be incurred in upcoming periods.

Sunk Costs

Expenses that have already been incurred and cannot be recovered.

Alternatives

Different options or choices available in a decision-making scenario.