Criticism of the Federal Government's Handling of the Hurricane Katrina

question 17

Multiple Choice

Criticism of the federal government's handling of the Hurricane Katrina included

• A)the inability to accurately account for the number of dead and missing.
• B)an inadequacy to prepare for such a disaster.
• C)failure to provide timely and effective relief.
• D)videotape that contradicted statements made by White House officials.
• E)all of these choices

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Definitions:

Reinvesting Profits

The practice of using earned profits to invest back into the business to promote growth and development.

Declare Dividends

The action by a company's board of directors to distribute profits to shareholders.

Par Value

The face value of a bond or stock as set forth in its certificate.

Two-For-One Stock Split

An action by a company to increase its number of shares by dividing each existing share into two, often to make the stock more affordable.