Which of the Following Powers Does the Constitution NOT Explicitly

question 59

Multiple Choice

Which of the following powers does the Constitution NOT explicitly grant to Congress?

• A)the power to fix weights and measures
• B)the power to impeach federal officials
• C)the power to regulate environmental standards
• D)the power to create and maintain a navy
• E)the power to govern the District of Columbia

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Definitions:

Pretax Income

The amount of income earned by a business before paying taxes, also known as earnings before tax (EBT).

Overstated

When figures or amounts are reported higher than they actually are, potentially misrepresenting the financial condition of a business.

Inventory Accounting Methods

Different approaches to valuing and managing inventory, including FIFO (First In, First Out), LIFO (Last In, First Out), and weighted average cost.

FIFO Reserve

The difference between the cost of inventory calculated using the First In, First Out (FIFO) method and another inventory costing method.