When You Prepare Minutes of a Meeting, You Should

question 35

Multiple Choice

When you prepare minutes of a meeting, you should

• A) accurately summarize the discussions and decisions made.
• B) ask participants to review a draft before sending the final version to the leader.
• C) write concisely to save space and avoid numerous subheadings.
• D) indicate who made and seconded each motion.
• E) follow parliamentary procedure to give the minority a voice.

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Definitions:

Outstanding Stock

The number of shares that have been issued by a company and are held by investors, including both public shareholders and company insiders or officers.

Common Stock

A form of corporate equity ownership, a type of security representing a claim on part of the company's assets and earnings.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividend payment preferences.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of stock rather than cash.