In His Attempt to Manage the Federal Bureaucracy,the President Can

question 38

Multiple Choice

In his attempt to manage the federal bureaucracy,the president can use all of the following tools EXCEPT

• A)appointing top officials to lead government agencies.
• B)replacing low level civil service employees with people loyal to the president.
• C)altering an agency's budget.
• D)changing an agency's organizational scheme.

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Definitions:

Journal Entries

A record of financial transactions in accounting, documenting the debit and credit effects on specific accounts.

Adjusting Journal Entries

Journal entries made in an accounting period to allocate revenue and expenses to the period in which they actually occurred.

Closing Journal Entries

Entries made at the end of an accounting period to transfer temporary account balances to permanent accounts and prepare for the next period.

Revenue In Advance

Income received by a company for goods or services that are to be provided in the future, also known as deferred revenue.