What Does the Acronym DAO Represent

question 64

Multiple Choice

What does the acronym DAO represent?

• A) Distributed Autonomous Operations
• B) Distributed Anonymous Organization
• C) Distributed Anonymous Operations
• D) Decentralized Autonomous Organization

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Definitions:

Recall Price

The price at which a company can recall its shares or bonds before their maturity date, usually at a premium.

Retained Earnings

The cumulative amount of net income earned by a company that is retained and not distributed to shareholders as dividends.

Cumulative Preferred Stock

Cumulative Preferred Stock is a type of stock that entitles its holders to receive dividends in arrears before any dividends can be paid on common stock.

Dividends in Arrears

Dividends on cumulative preferred stock that have not been paid in the period they were due.