Which of the Following Statements Regarding Administrative Law Is True

question 129

Multiple Choice

Which of the following statements regarding administrative law is true?

• A) Administrative tribunals are part of the legislative branch of government when they make rules, and are part of the judicial branch of government when the hold hearings.
• B) A government bureaucrat acting in a regulatory capacity can do anything incidental to the performance of her job.
• C) As long as government agents administer government policy, individuals have no right to challenge their authority.
• D) Administrative tribunals include labour relations boards, human rights commissions, and workers' compensation boards.
• E) Administrative tribunals tend to be less efficient, slower, and more costly than the courts.

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Definitions:

Total Revenue

The total amount of income generated by the sale of goods or services before any expenses are subtracted.

COGS

Cost of Goods Sold, which refers to the direct costs attributable to the production of the goods sold by a company.

Economic Value Added

A measure of a company's financial performance based on the premise that true profit occurs when additional wealth is created for shareholders, beyond the cost of capital invested.

Cost of Capital

The rate of return a company must earn on its investments to maintain its market value and attract funds.