Procedural Rules Issued by Administrative Agencies Are

question 231

Multiple Choice

Procedural rules issued by administrative agencies are:

• A) statements that provide the agency staff and public with guidance regarding what the agency believes a certain statute or regulation means
• B) administrative statutes with the same force of law as statutes passed by Congress
• C) a statement of what companies must do to follow the requirements of regulations
• D) statements that may only rephrase the language of a statute passed by Congress
• E) none of the other choices

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Definitions:

Target Payout Ratio

The proportion of earnings a company plans to distribute to its shareholders as dividends, often expressed as a percentage.

Internal Rate

Short for Internal Rate of Return (IRR), it's a financial metric used to estimate the profitability of potential investments, calculated as the rate of return that sets the net present value of all cash flows from the investment equal to zero.

Required Return

The minimum return an investor expects to achieve on an investment, taking into account the risk level and other available opportunities.

Homemade Dividend

A concept where investors create their own dividend stream by selling a portion of their portfolio of equities instead of relying on company-issued dividends.