Iron Triangles Are Mutually Advantageous Relationships Between Bureaucratic Agencies,interest Groups,and

question 87

True/False

Iron triangles are mutually advantageous relationships between bureaucratic agencies,interest groups,and congressional committees.

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Definitions:

Sarbanes-Oxley Act

The Sarbanes-Oxley Act is a U.S. law enacted in 2002 to protect investors from potential fraudulent activities by corporations, improving financial disclosures and preventing accounting fraud.

Auditor's Report

A formal opinion or disclaimer, issued by an independent external auditor as a result of an audit or evaluation of a firm's financial statements.

Financial Statements

Formal records that outline the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Unusual Item

A significant transaction or event that is infrequent in nature, distinct from the ordinary activities of the business.