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

Business

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The receiving report

a. is used to update the actual cost inventory ledger b. accompanies the goods to the storeroom c. is sent to general ledger d. is returned to the vendor to acknowledge receipt of the goods

Business

A managerial accounting report that presents predicted amounts of the company's revenues and expenses for the budget period is called a:

A. Budgeted income statement. B. Budgeted balance sheet. C. Rolling income statement. D. Continuous profit statement. E. Master plan.

Business

XMPP allows for interoperability between enterprises

Indicate whether the statement is true or false

Business

What are the effects on the accounting equation from the adjustment for salaries and wages incurred, but not yet paid, during the accounting period?

A. Total liabilities will increase and total stockholders' equity will decrease. B. Total liabilities will decrease and total stockholders' equity will decrease. C. Total liabilities will decrease and total stockholders' equity will increase. D. Total liabilities will increase and total stockholders' equity will increase.

Business