The Corporations Act 2001 Was Amended in 1998 in Relation

question 9

Multiple Choice

The Corporations Act 2001 was amended in 1998 in relation to the par value of shares.That amendment has the effect of:

• A) Making the use of par values optional for companies.
• B) Requiring companies not to issue shares with a par value.
• C) Requiring the calculation of share premium or discounts to be based on an average of the market price for the share over the current reporting period.
• D) Making the use of par values optional for companies and requiring the calculation of share premium or discounts to be based on an average of the market price for the share over the current reporting period.
• E) None of the given answers.

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Definitions:

Output Module

A hardware component in a PLC that provides the interface and electrical signal conversion to control output devices.

Output Load Device

A device controlled by the output of a programmable logic controller or other control system, performing functions in response to electrical signals.

Cross-Reference

A method in programming and documentation that allows users to navigate to related information or identify how various parts of a program are connected.