Appending the Letter M or M to a Numeric Literal

question 13

Multiple Choice

Appending the letter M or m to a numeric literal causes the number to be considered a ____________.

• A) monetary literal
• B) double literal
• C) decimal literal
• D) mnemonic literal

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Definitions:

Common Stock Account

An equity account that represents the ownership interest of shareholders in a corporation, recorded at par value or issued price.

Stock Dividend

A dividend payment made in the form of additional shares of the issuing company, rather than as cash.

Additional Paid-In Capital

The excess amount paid by investors over the par value of the stock during the issuance of shares.