How Do the Staggered Terms of State Boards and Commissioners

question 75

Multiple Choice

How do the staggered terms of state boards and commissioners affect the governor?

• A) It is hard for the governor to remove predecessor's appointments, which impedes progress.
• B) A governor has to wait at least two years to get majorities favoring his or her policies on most boards.
• C) For three years, predecessor's appointees technically do not answer to the current governor.
• D) The governor cannot enact new policies until a predecessor's appointees have left.
• E) A governor has to wait one year to get majorities favoring this or her policies on most boards.

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Sale Of Equipment

A transaction where a business disposes of equipment assets, which may result in a gain or loss reflected in the financial statements.

Operating Activities

Operating activities involve the primary activities that a business engages in to generate earnings, including production, sales, and delivery of its goods or services.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life.

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Liabilities of a business that are due to creditors within a short period, typically less than a year.