An Additional Contributed Surplus Account Under Shareholders' Equity Is the Result

question 6

Multiple Choice

An additional contributed surplus account under shareholders' equity is the result of:

• A) the sale of preferred shares
• B) the sale of par value shares
• C) the sale of no par value shares
• D) legal capital

---

Definitions:

Management

Process of achieving organizational objectives through people and other resources.

Union Contracts

Agreements between employers and labor unions that outline wages, benefits, and working conditions for the union members.

Arbitrator

An independent individual or panel appointed to settle a dispute outside the court system, whose decision is usually binding.

Legally Binding

Agreements or contracts that are enforceable by law, meaning parties must adhere to the agreed terms.