Which of the Following Is a Characteristic of Administrative Agencies

question 53

Multiple Choice

Which of the following is a characteristic of administrative agencies?

• A) They derive their power from the Supreme Court.
• B) They make ordinances and pass executive orders.
• C) They are generally created by a statute.
• D) They are elected bodies.

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Definitions:

Dividends Per Share

A financial metric that demonstrates the total amount of dividends declared by a company for each share of its outstanding common stock.

Earnings Per Share

A financial metric that divides a company's profit available to common shareholders by the average outstanding shares, indicating the company's profitability.

Price-Earnings Ratio

A metric used to assess a company's value, comparing its current stock price to its earnings per share.

Long-Term Liabilities

Obligations or debts due by a company that are expected to be paid or settled over a period longer than one year.