President Nixon issued wage-price controls in an effort to stabilize the economy. This use of executive power was
A)an illegal usurption of legislative powers which belong to the Congress
B) a valid use of power based on Article II of the Constitution.
C) a valid use of judicial power.
D) an illegal usurption of the regulatory powers of administrative agencies.
B
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For a learning organization to function well, employees ought to
A. identify their own training needs. B. create short-term learning goals rather than long-term learning goals. C. distribute highly classified information. D. share the information that was acquired during the learning process. E. take part in seminars and conferences at least once every week.
When bonds are issued at a discount, the total interest cost of the bonds over the life of the bonds is equal to the amount of the
A) interest payments made over the life of the bonds minus the amount of issuance discount. B) issuance discount. C) interest payments made over the life of the bonds plus the amount of issuance discount. D) interest payments made over the life of the bonds.
Which of the following is true?
a. Form 10-K is required under the FASB Conceptual Framework. b. Form 10-Q is a quarterly report of significant events required by the SEC. c. Form 8-K is a quarterly report of significant events required by the SEC. d. Form 8-K is the annual report submitted by small businesses to the SEC.
Land improvements are:
A. Also called basket purchases. B. Assets that increase the usefulness of land, but that have a limited useful life and are subject to depreciation. C. Included in the cost of the land account. D. Assets that increase the usefulness of land, and like land, are not depreciated. E. Expensed in the period incurred.