Repurchases and Special Dividends Are Useful for Making ________ and ________

question 102

Multiple Choice

Repurchases and special dividends are useful for making ________ and ________ distributions to shareholders.

• A) small, frequent
• B) small, infrequent
• C) large, infrequent
• D) large, frequent

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Definitions:

Account Receivable

Funds that customers owe to a business for products or services they have received but have not paid for.

Customer's Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or the order of a person, company, or entity.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

Public Exchanges

Marketplaces for buying and selling securities, such as stocks and bonds, that are open to the public.