Match the Following Terms to Their Correct Definition

question 22

Multiple Choice

Match the following terms to their correct definition.
-Provides that current dividends must be paid to preferred stockholders before any dividends are paid to common stockholders.

• A)Articles of incorporation
• B)Common stock
• C)Contributed capital
• D)Corporate charter
• E)Current dividend preference
• F)Date of record
• G)Declaration date
• H)Dividends in arrears
• I)Equity
• J)Exercise (strike) price
• K)Liquidating dividend
• L)No-par stock
• M)Payment date
• N)Preferred stock
• O)Prior period adjustment
• P)Return on common equity

---

Definitions:

Billing Disputes

Conflicts between customers and service providers over charges, fees, or the accuracy of accounts receivable.

Credit Card Bill

A statement sent to a credit card holder detailing transactions, payments, and outstanding charges within a billing cycle.

Employment Status

The classification of a worker, determined by method of compensation and level of control, influencing rights and obligations.

Marital Status

A person's legal standing in terms of being married, single, divorced, or widowed.