A Default Value Is

question 5

Multiple Choice

A default value is:

• A) the value that all fields will take.
• B) the value that a field will take unless otherwise specified.
• C) a value that is not allowed in a field.
• D) a way to represent null values.
• E) the value that a field always returns to.

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Definitions:

Excess Of Par

The amount by which the sale price of a share of stock exceeds its par value, often recorded as additional paid-in capital on the balance sheet.

Cash Dividend

A cash dividend is a payment made by a company out of its earnings to shareholders, usually in the form of cash.

Financial Statements

Reports that show the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing ownership interest.