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WorksheetsAccounting 2 - Chapter 10 (Stock Transactions)
Total questions: 12
Worksheet time: 5mins
The value of a share of stock that is printed on a stock certificate is known as
Common Stock
Preferred Stock
Par Value
Stated Value
Par Value Stock and Stated Value stock are different in how they
demonstrate the face value of the stock to an investor
are used to determine who has right to the dividends
demonstrate if you are making or losing money from the sale of stock
determine the value of the stock
The government institution that regulates securities for a corporation is known as the
FTC
SEC
Charter
ACC
The government agency SEC is an acronym for
Securities Exchange Commission
Southeastern Conference
Stock Exchange Committee
What is the primary advantage of an investor purchasing Preferred Stock?
Voting rights in corporate votes
More rights than common stock
1st right to corporate dividends
Stock is typically purchased at a lower price than common
Which of the following is the group of people elected to govern the corporation?
Charter
SEC
IRS
Board of Directors
What are the two levels that corporate earnings and dividends are taxed on?
Personal Income
Government Income
Corporate Income
Property Income
Apple is an example of a(n)?
Secondary Market
Publicly Held Corporation
Primary Market
Privately Held Corporation
The account that you use to keep track of the ownership of stock in a corporation
Cash
Paid in Capital
Capital Stock
Retained Earnings
IPO is acronym for what activity for a publicly held corporatioin?
Investors Public Opportunity
Initial Public Offering
Investors Public Offering
Initial Public Opportunity
What classification of account is "Capital Stock"
Asset
Liability
Owners Equity
Revenue
Non par value stock but there is a value assigned to the stock is called
Par Value Stock
Stated Value Stock
Common Stock
Preferred Stock
