Match the Following Terms to Their Correct Definition

question 13

Multiple Choice

Match the following terms to their correct definition.
-Refers to a situation where an error resulted in a misstatement of net income and the correction requires a debit or credit to retained earnings.

• 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

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Definitions:

Typeface

A set of characters, including letters, numbers, and symbols, that share a common design used in printing or displayed text.

Tone

The quality or attitude expressed in the written or spoken communication, which can convey emotions, intent, and the level of formality.

Underlining

A text formatting feature used to emphasize parts of a document, often for titles, headings, or important concepts.

Boldface

A typeface style that features thick, heavy characters, often used for emphasis or distinction.