Which of the Following Functions Will Most Likely Have the Tallest

question 85

Multiple Choice

Which of the following functions will most likely have the tallest hierarchy?

• A) Manufacturing
• B) Sales
• C) R&D
• D) Accounting

---

Definitions:

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily reflect market value.

Cumulative

Relating to an amount that has been gathered or accumulated over time, often used in the context of dividends or other financial aggregates.

Preferred Stock

A type of equity security that has a higher claim on a company's assets and earnings than common stock, often paying fixed dividends.

Treasury Stock

Shares of a company's own stock that it has reacquired and held in its treasury.