When Dwight Eisenhower Sent Federal Troops into Central High School

question 21

Multiple Choice

When Dwight Eisenhower sent federal troops into Central High School in Little Rock,
Arkansas,in 1957,it demonstrated that the

• A)president may make unilateral use of the emergency powers to protect states against domestic disorder.
• B)president requires the federal court's approval before using troops in domestic disturbances.
• C)use of the president's emergency powers against domestic disorder necessitates a request by the governor of the state in question.
• D)president needs congressional authorization to use troops in both domestic and international situations.

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Definitions:

Historical Cost

The original monetary value of an asset or investment at the time of its purchase or acquisition.

Representationally Faithful

A qualitative characteristic of financial information that ensures the reported data accurately reflects the economic transactions and events.

Going Concern Assumption

The Going Concern Assumption is an accounting principle that assumes a company will continue to operate and not go bankrupt or be liquidated in the foreseeable future.

Liquidation

The process of winding up a company's financial affairs by selling its assets to pay off its debts.