The System of Checks and Balances Gives Each Branch __________

question 33

Multiple Choice

The system of checks and balances gives each branch __________.

• A) an absolute veto of actions taken by another branch
• B) some authority over the other branches
• C) staggered terms for office holders
• D) a chance to expand government powers

---

Definitions:

Interest Coverage

A financial metric used to determine how easily a company can pay interest expenses on outstanding debt with its before-tax income.

Quick Ratios

A liquidity metric that measures a company's ability to cover its current liabilities with its most liquid assets, excluding inventory.

Obsolete Inventory

Items that can no longer be sold due to outdating, changes in market demands, or deterioration, often leading to their removal from inventory at a loss.

Current Ratio

A financial metric illustrating a firm's capacity to cover its short-term debts within a year, determined by dividing current assets by current liabilities.