When the Governor Strikes Out Specific Spending Provisions in Large

question 26

Multiple Choice

When the governor strikes out specific spending provisions in large appropriations bills, it is called

• A) pigeonholing.
• B) the pocket veto.
• C) the line-item veto.
• D) the post-adjournment veto.
• E) an expenditure veto.

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Definitions:

Return on Total Assets

Return on Total Assets (ROTA) is a financial ratio that measures a company's profitability relative to its total assets.

Income Statement

A financial statement that shows the company's revenues and expenses over a specific period, leading to its net income or loss.

Net Profit Margin Percentage

A financial metric indicating the percentage of revenue that remains as net income after all expenses are deducted.

Income Statement

A financial document that shows a company's income, expenses, and net profit over a specified period.