Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter18: Public Economy
Section: Chapter Questions
Problem 5SCQ: True or false: Majority rule can fail to produce a single preferred outcome when there are more than...
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![24. When was the Internal Revenue Service (IRS) organized into its current form?
1950s
the Civil War
1990s
1913](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F78eb4263-c2c7-4618-b75d-af3c9908d346%2F9342726a-da36-439c-a649-65a4e9e4514a%2F4nde08c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:24. When was the Internal Revenue Service (IRS) organized into its current form?
1950s
the Civil War
1990s
1913
![□
25. Which of the following statements accurately describes the role of a comptroller?
A comptroller oversees the Budget Oversight Committee.
A comptroller misallocates government funds.
A comptroller manages a staff of accountants and makes sure that funds are being spent appropriately.
The Congressional Budget Office hires a comptroller to investigate government agencies.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F78eb4263-c2c7-4618-b75d-af3c9908d346%2F9342726a-da36-439c-a649-65a4e9e4514a%2Fndggc0f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:□
25. Which of the following statements accurately describes the role of a comptroller?
A comptroller oversees the Budget Oversight Committee.
A comptroller misallocates government funds.
A comptroller manages a staff of accountants and makes sure that funds are being spent appropriately.
The Congressional Budget Office hires a comptroller to investigate government agencies.
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