What is the major distinction between executive and independent agencies?
a. Executive agencies govern business issues while independent agencies regulate individual matters.
b. The President has greater control over executive agencies.
c. The Administrative Procedure Act regulates independent agencies but not executive agencies.
d. Subpoenas may be issued by independent agencies; executive agencies do not have subpoena power.
b
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Under the World Trade Organization, the most recent round of multilateral trade negotiations was the
a. Uruguay Round. b. Doha Round. c. Nixon Round. d. Kennedy Round.
Marco is working on promoting his company's Glazer brand of electronic razors. The company estimates 50 million potential users and sets a target of attracting 8 percent of the market
He hopes to reach 80 percent of the potential customers with an advertising message. He would be pleased if 25 percent of the prospects that were aware, tried the Glazer. According to further estimates, 40 percent of all triers will become loyal users. If the cost of exposing 1 percent of the target population to one impression is $4500 on an average, determine the necessary advertising budget, according to the objective-and-task method.
The amount of income taxes expense appearing on a corporation's income statement must be calculated in accordance with the matching principle
Indicate whether the statement is true or false
A taxpayer pays points to obtain financing to purchase a second residence. At the election of the taxpayer, the points can be deducted as interest expense for the year paid.
Answer the following statement true (T) or false (F)