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MATCHING Identify the Letter of the Choice That Best Matches the the Phrase

question 141

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Returns records to their original state if one step fails in an online transaction processing system


Definitions:

Noncumulative Preferred Stock

This type of preferred stock does not entitle its holders to claims on dividends missed in the past if they were not declared in those years.

Common Stock

A form of corporate equity ownership, a type of security representing an ownership share in a corporation.

Dividends

A portion of a company's earnings distributed to shareholders as a reward for their investment.

Par Common Stock

The face value of common shares issued by a company, which is noted on the share certificate.

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