The Lobbying Disclosure Act of 1995

question 42

Multiple Choice

The Lobbying Disclosure Act of 1995:

• A) restricted lobbyists from engaging in direct lobbying.
• B) exempted all lobbyists from registering with the clerk of the House.
• C) exempted lobbyists from disclosing the name of the agency or chamber of Congress they contacted.
• D) required lobbyists to report their clients.
• E) increased the tax imposed on lobbyists.

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Definitions:

Present Value

A calculation that determines the current value of a future amount of money or stream of cash flows given a specified rate of return.

Cash Inflows

Money received by a business from its operational activities, investments, or financing.

Salvage Value

Salvage value refers to the expected value an asset will have when it's no longer useful, essentially its end-of-life resale value.

Internal Rate Of Return

The discount rate at which the net present value of an investment's cash flows equals zero, used in capital budgeting to estimate the profitability of potential investments.