The Paid-In Capital in Excess of Par Value Is Increased

question 17

Multiple Choice

The Paid-in Capital in Excess of Par Value is increased in the accounting records when

• A)the number of shares issued exceeds par value.
• B)the stated value of capital stock is greater than the par value.
• C)the market value of the stock rises above par value.
• D)capital stock is issued at an amount greater than par value.

---

Definitions:

Interview Witnesses

The act of formally questioning individuals who may have information relevant to a case or investigation.

Unauthorized Practice of Law (UPL)

The performance of actions defined by a legal authority, such as a state legislature, as constituting the “practice of law,” without authorization to do so.

Fee Splitting

The practice of dividing the fees from a case or transaction between two or more professionals, which, depending on the context, may be considered unethical or illegal.

Representing Clients

The act of advocating on behalf of individuals or entities in legal proceedings, negotiations, or transactions.