Chapter 20 accounting

Chapter 20 accounting

9th - 12th Grade

7 Qs

quiz-placeholder

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Chapter 20 accounting

Chapter 20 accounting

Assessment

Quiz

Computers

9th - 12th Grade

Practice Problem

Hard

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A corporation, often owned by a few people or by a family that does not offer its stock for sale to the general public

Family owned Corp

Close Held Corp

Private Corp

Public Held Corp

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A corporation who's stock is widely held, has a large market, and is usually traded on a stock exchange

Family Owned Corp

Close Held Corp

Private Corp

Public Held Corp

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A group of people elected by stockholders, who govern and are responsible for the affairs of a corporation

Board of Govenors

Board of Producers

Board of Consumers

Board of Directors

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The maximum number of shares a corporation may issue

Authorized Capital Stock

Authorized Stockholders Equity

Authorized Retained Earnings

Authorized Operating Expenses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The dollar amount assigned to each share of stock before it is sold to the public used to determine to the capital stock account.

Par Value

Sub Value

Below Value

Above Value

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The stock issued by a corporation when it issues only one class of stock

Average stock

Paid Stock

Private Stock

Common Stock

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A document that transfers a stockholders voting rights to someone else

Proxy

Deed

Will

Contract

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