Which Term Refers to a Directive Issued by the President

question 111

Multiple Choice

Which term refers to a directive issued by the president that has the effect of a Congressional law?

• A) presidential citation
• B) executive order
• C) executive mandate
• D) administrative directive

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Definitions:

Cash Receipts

The money a company receives from its various business activities, typically including sales, services, loans, or any transactions that bring cash into the organization.

Cash Disbursements

The process of paying out cash for various purposes, which could include expenses, investments, or dividends.

Master Budget

A comprehensive financial planning document that includes all of the subsidiary budgets within an organization, projecting its financial activities for the period.

Raw Materials Production Needs

The quantity and type of raw materials required to meet production schedules for finished goods.