What stock represents ownership and enjoys certain preferences than ordinary stock ?

Related Mcqs:

1. What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled ?

   A. Authorized capital stock
   B. Preferred stock
   C. Incorporator stock
   D. Common stock

2. What refers to the claim of anyone to ownership ?

   A. Proprietorship
   B. Assets
   C. Equity
   D. Liability

3. What refers to a document that shows proof of legal ownership of a financial security ?

   A. Bond
   B. Bank note
   C. Coupon
   D. Check

4. The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ___________________?

   A. Dividend
   B. Return
   C. Share of stock
   D. Equity

5. Which is NOT an essential element of an ordinary annuity ?

   A. The amounts of all payments are equal.
   B. The payments are made at equal interval of time.
   C. The first payment is made at the beginning of the first period.
   D. Compound interest is paid on all amounts in the annuity.

6. Under ordinary simple interest, how many days in one year ?

   A. 300
   B. 360
   C. 365
   D. 366

7. What is the ordinary interest on P1,500.50 for 182 days at 5.2% ?

   A. P39.01
   B. P39.82
   C. P39.45
   D. P39.99

8. The value of the coefficient of compressibility for water at ordinary pressure and temperature in kg/cm is equal to _________________?

   A. 1000
   B. 2100
   C. 2700
   D. 10,000
   E. 21,000.

9. What is an accounting term that represents an inventory account adjustment ?

   A. Cost of goods sold
   B. Cost accounting
   C. Standard cost
   D. Overhead cost

10. What represents the share of participation in business organizations?

    A. Franchise
    B. Partnership
    C. Stock
    D. Corporation