Which of the Following Is an Independent Agency

question 18

Multiple Choice

Which of the following is an independent agency?

• A) The Federal Deposit Insurance Corporation
• B) The Consumer Product Safety Commission
• C) The General Services Administration
• D) The Small Business Administration
• E) The Office of Personnel Management

---

Definitions:

Warrant Attached

An option issued by a company that gives the holder the right to purchase the company’s stock at a specific price before expiration.

Ex-rights

Denotes a security that is trading without the right to receive the most recently announced rights offering.

Additional Paid-in Capital

The amount of money investors have paid to a company above and beyond the par value of the shares they have purchased.

Cumulative Preferred Stock

A type of preferred stock where dividends accumulate if not paid in any given year, ensuring that dividends must be paid out to preferred stockholders before common stockholders receive any.