According to President Harry Truman, which of the following are characteristics of a government corporation?
I.They are predominantly of a business nature.
II.They produce revenue and are potentially self-sustaining.
III.They involve a large number of business-type transactions with the public.
IV.They require a greater flexibility than customary congressional funding ordinarily permits.
A)I and II only
B)I and III only
C)II and IV only
D)I, II, and III
E)I, II, III, and IV

Question

Quizplus · Accepted Answer

President Harry Truman characterized government corporations as entities that are predominantly of a business nature, produce revenue and are potentially self-sustaining, involve a large number of business-type transactions with the public, and require greater flexibility than customary congressional funding ordinarily permits. These characteristics highlight the unique position of government corporations in blending public objectives with business-like operations.

According to President Harry Truman, Which of the Following Are