AC202Quiz1SB

AC202Quiz1SB - AC 202 Principles of Accounting II Quiz...

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AC 202 Principles of Accounting II _ Park University Quiz 1A-Chapter 13 Multiple Choice Questions-( 10 points each )Select the ONE, BEST Answer 1. The right of common shareholders to protect their proportionate interest in a corporation by having the first opportunity to buy additional proportionate shares of common stock issued by the corporation is called a: A. Preemptive right. B. Proxy right. C. Right to call. D. Financial leverage. E. Voting right. 2. Par value of a stock refers to the: A. Issue price of the stock. B. Value assigned to a share of stock by the corporate charter. C. Market value of the stock on the date of the financial statements. D. Maximum selling price of the stock. E. Dividend value of the stock. 3. Stockholders' equity consists of : A. Long-term assets. B. Contributed capital and retained earnings. C. Contributed capital and par value. D. Retained earnings and cash. E. Premiums and discounts.
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This note was uploaded on 03/02/2012 for the course ACCT 202 taught by Professor Pizzillo during the Spring '08 term at Park.

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AC202Quiz1SB - AC 202 Principles of Accounting II Quiz...

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