Which of the Following Statements About the Par Value of Common

question 272

Multiple Choice

Which of the following statements about the par value of common stock is not correct?

• A)The par value is not the same as the market value of the stock.
• B)The par value is a nominal amount identified in the corporate charter.
• C)The par value is the amount credited to the common stock account when the stock is issued.
• D)The par value is the amount credited to common stock when treasury stock is reissued.

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Definitions:

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Actions or conduct that are considered inappropriate, unacceptable or harmful by societal or organizational standards.

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Undesirable Work Behaviors

Actions by employees that are detrimental to the goals and values of the organization, such as absenteeism or insubordination.

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