The Small Business Administration Is an Example of an Executive

question 46

True/False

The Small Business Administration is an example of an executive agency.

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Definitions:

Cash Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, paid to shareholders in cash.

Common Dividend Payable

Liabilities on a company's balance sheet representing the amount of dividends that are owed to shareholders on common stock.

Shares Outstanding

Shares outstanding refer to all shares currently owned by shareholders, including restricted shares owned by company insiders and share blocks held by institutional investors.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and gives holders voting rights and a share in the company's profits via dividends.