Identify the basic job of a President of the United States, the source of executive power, and three key powers associated with the position of President


The basic job of a president is to enforce the nation's laws. Article II of the Constitution created the office of president and defines the executive power. Three key powers of a president concern appointment, legislation, and foreign policy. The president nominates the heads of most administrative agencies, and such agencies play a powerful role in business regulation and other facets of national life. As far as legislative power, a president and his advisers propose bills to Congress and lobby hard for their passage. A president also has veto power over bills. The President conducts the nation's foreign affairs, coordinates international efforts, and negotiates treaties. He is commander in chief of the armed forces, meaning that the president heads the military.

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One of the similarities of bond and equity financing is that both dividends and equity distribution payments are tax deductible.

Answer the following statement true (T) or false (F)

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A defining characteristic of multicultural organizations is that

A. they are marked by an absence of prejudice and discrimination. B. managers in such organizations focus primarily on employees' visible differences. C. they are marked by high levels of intergroup conflicts. D. they do not employ people from minority groups. E. minority group members tend to be clustered only at certain levels in such organizations.

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Business requirements do not necessitate opening information systems to nonemployee personnel, such as temporary personnel, vendors, or partner personnel

Indicate whether the statement is true or false

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In periods subsequent to acquisition and in the absence of intercompany profits or other complication transactions, the noncontrolling interest (As shown in the consolidated balance sheet) can be determined by summing the noncontrolling interest in equity at acquisition and:

a) the noncontrolling % of the BV of the subsidiary's net assets b) the noncontrolling % of the FV of the subsidiary's net assets c) the noncontrolling % of the the subsidiary's year-end RE d) the noncontrolling % of thechange in subsidiary RE from acquisition to the end of the current year

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