In Financial Markets,when a Firm Issuing New Securities Has Previously

question 39

Multiple Choice

In financial markets,when a firm issuing new securities has previously issued securities,these securities are called

• A)seasoned issues.
• B)an initial public offering.
• C)secondary issues.
• D)investment-grade issues.

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Definitions:

Prepayments

Payments made in advance for goods or services, recorded as assets on the balance sheet until the actual goods or services are received.

Revenue Recognition

Revenue recognition is the accounting principle that outlines the specific conditions under which revenue is recognized or accounted for, typically when goods or services are delivered and the payment is assured.

Performance Obligation

A duty or task that a company must execute to transfer goods or services to a customer under the terms of a contract.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board.