Which statement best describes independent regulatory agencies?
a. They are established by Congress to provide market-oriented public service and are designed to produce revenues that meet or approximate their expenditures, rather than receiving government funding.
b. They make and implement the rules and regulations in a particular sector of the economy to protect the public interest.
c. They advise the president on any subject relating to the duties of the respective offices.
d. They create procedures and mandates for a unique area of expertise.
Question 2
Why do independent executive agencies operate outside a cabinet department and report directly to the president?
a. The agency head needs to preserve some independence from hostile departments and feel free from politicization.
b. The agency and the department may agree on policies and the president needs to be advised from different perspectives.
c. Cabinet departments must always feel unrestricted in overriding agencies.
d. The agency head must generate discord in order to do his or her job appropriately.
Example of Reconciling a Bank Statement Cont.
Example of Reconciling a Bank Statement Cont.
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