Under GAAP, the Amount of Capital Received in Excess of Par

question 305

Multiple Choice

Under GAAP, the amount of capital received in excess of par value would be credited to

• A) Par value is not used under GAAP.
• B) Share Premium.
• C) Paid-in Capital in Excess of Par-Common Stock.
• D) Retained Earnings.

---

Definitions:

Stages of Change Model

A theoretical model describing the process by which individuals move through a series of stages when changing behavior, from precontemplation to maintenance.

Client Recognition

The process by which a patient or client acknowledges or identifies aspects related to their condition or situation, often a critical step in counseling and therapy.

Change Process

The series of steps or stages involved in moving from a current state to a desired future state, often used in the context of personal development or organizational change.

Stages of Change Model

A conceptual framework that describes the process individuals go through in altering a behavior or addressing a problem, including precontemplation, contemplation, preparation, action, and maintenance phases.