How frequently must USPS report its financial status to Congress?

Prepare for the Postal Service Exam. Assess yourself with flashcards and multiple-choice questions. Each question is accompanied by hints and explanations to increase your readiness. Get ready to conquer the exam!

The correct answer is that the USPS must report its financial status to Congress annually. This requirement is part of the Postal Reorganization Act and ensures transparency and accountability in the financial operations of the Postal Service. By providing annual reports, Congress can assess the financial health of USPS, review its performance against projections, and make informed decisions regarding funding and oversight. This annual reporting is crucial for monitoring the organization's ability to meet its operational obligations and allows for governmental oversight of its financial practices.

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