Preferred Stock Has a Priority Over Common Stock with Regard

question 97

Multiple Choice

Preferred stock has a priority over common stock with regard to the company's

• A)assets
• B)voting rights
• C)dividends
• D)assets and dividends

---

Definitions:

Australian Dollars

Australian Dollars (AUD) is the currency used in Australia, represented symbolically as A$ or AUD.

U.S. Currency

The legal money circulated within the United States, consisting primarily of dollars and cents.

Danish Krone

The official currency of Denmark, also used in Greenland and the Faroe Islands.

U.S. Dollar

The official currency of the United States, commonly used worldwide as a benchmark currency.