A corporation, often owned by a few people or by a family that does not offer its stock for sale to the general public
Chapter 20 accounting

Quiz
•
Computers
•
9th - 12th Grade
•
Hard

EVA VECCHIO
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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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