A Pseudo Dividend Involves Excess Cash That Does Not Need

question 30

True/False

A pseudo dividend involves excess cash that does not need to be invested in a venture's assets or operations, and may be invested elsewhere for a period of time.

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Definitions:

Executive Agency

An agency that is typically located within the executive branch, under one of the cabinet-level departments. The agency head is appointed by the president with the advice and consent of the Senate and may be discharged by the president at any time, for any reason. Also called a cabinet-level agency.

Administrative Procedures Act

A United States federal statute that governs the way administrative agencies of the federal government may propose and establish regulations, ensuring transparency and fairness in the administrative process.

Investigations

Systematic inquiries or examinations into something, with the aim to discover or establish facts or truths.

Informal Rule Making

A type of rule making in which an agency publishes a proposed rule in the Federal Register, considers public comments, and then publishes the final rule. Also called notice-and-comment rule making.