The difference between executive agencies and independent agencies is that:
a. independent agency heads serve fixed terms in office.
b. independent agency heads are appointed by Congress.
c. executive agency heads are appointed by executives of corporations.
d. executive agency heads can be removed by Congress.
The difference between executive agencies and independent agencies is that: a. independent agency heads serve fixed...
7 Which of these is a true statement concerning independent agencies? a. Independent agencies vary greatly in size. b. Any agency ruling can be challenged in court. c. Setting up an agency requires following clear guidelines. d. Independent agencies are housed within cabinet departments. 8 Aciear chain of command with all employees knowing who their supervisors are as well as whom they are responsible for is an example of a(n) merit. True False 9 Which of the following is an example of a government agency designed to serve a distinct clientele group? a....
Which of the following statements about federal independent agencies is true? A. Agencies may exercise rule-making and adjudicatory power, but they may not exercise investigatory power because that power is reserved to law enforcement. b. While agencies possess investigative and adjudicatory power, they may not exercise rule-making power because that power is reserved to Congress. c. Agencies may exercise investigative, rule-making, and adjudicatory power. 2. Which of the following is true regarding an agency’s adjudicatory power? a. Agency administrative remedies...
9. The executive branch of the government can exercise control over an administrative agency through a. none of the choices. b. judicial review of agency actions and decisions. c. the president’s veto powers. d. legislation that takes away the agency’s power. 10 A final rule issued through a notice-and-comment rulemaking procedure has binding legal effect a. until the issuing agency rescinds it. b. after a court affirms it. c. unless a court overturns it. d. once Congress approves it. 19....
5. Administrative agencies are created by: a. The United States Administrative Agency b. The Legislative Branch c. The Executive Branch d. The Judicial Branch 6. When we consider legal burdens, it makes sense that a person can be: a. found guilty in a criminal action but win a civil suit when the victim of a crime sues him based on same facts. b. found not guilty in a criminal action but lose a civil suit when the victim of a...
The Federal Reserve is remarkably free from political pressure because A. its structure cannot be changed by Congress through legislation. B. the chairman of the Board of Governors is appointed by the Federal Reserve Bank presidents. C. like members of the Supreme Court, members of the Board of Governors serve lifetime appointments. D. it has an independent source of revenue. While the Fed enjoys a relativity high degree of independence for a government agency, it feels political pressure from the...
The difference between a fixed and a variable input is that a O A. O B. O C. O D. variable input can be changed in the long run and a fixed input can only be changed in the short run. fixed input changes and a variable input does not. fixed input cannot practically vary in the short run and a variable input can easily vary during the relevant period. None of the above.
6. Agency conflicts between managers and shareholders Consider the following scenario and determine whether an agency conflict exists: Alexander and Akiko equally own and manage A New Beginning (ANB), a store that sells preowned clothing and furniture. Alexander is responsible for ANB's back-office activities, and Akiko staffs the store and makes deliveries to customers. Both have equal decision- making authority and, under the terms of their partnership agreement, both are prohibited from making personal purchases using company funds without prior...
Which of the following is a difference between corporations and partnerships? a. Partnerships are subject to double taxation; corporations are not. b. With partnerships, ownership rights are divisible and easily transferable; this is not true for corporations. c. Corporate owners face limited liability; owners of partnerships do not. d. Corporations always have more owners than partnerships.
The principal difference between an executive information system (EIS) and a decision support system (DSS) is that an EIS: a. suggests to the user the best choice from among alternative courses of action whereas the DSS merely provides information that could assist in making the decision b. uses both external and internal data whereas a DSS does not c. is primarily about collecting and presenting information without doing additional processing or calculations d. employs decision models whereas a DSS does...
7. Agency conflicts between managers and shareholders Aa Aa Remember, an agency relationship can degenerate into an agency conflict when an agentacts in a manner that is not in the best interest of his or her principal. In large corporations, these conflicts most frequenty involve the enrichment of the firm's executives or managers (in the form of money and perquisites or power and prestige) at the expense of the company's shareholders. This usurping and reallocation of shareholder wealth is most...