Listing Stock on a Foreign Stock Exchange

question 67

Multiple Choice

Listing stock on a foreign stock exchange

• A)may increase the stock's liquidity.
• B)may enhance the firm's global image.
• C)may increase the pool of potential investors, making it easier to place an entire issue of stock.
• D)All of these are correct.

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Definitions:

Asset Account

An account that records tangible or intangible items owned by a business which have value.

Liability Account

An accounting record that captures the amounts a company owes to creditors or other parties, reflecting the company's future obligations.

General Ledger

The comprehensive set of accounts that summarizes all transactions occurring within an organization, serving as the foundation for financial reporting.

Subsidiary Ledger

A detailed ledger that contains the individual accounts supporting a specific general ledger summary account.