Established in 1994, This Crown Corporation Is a Working Partnership

question 24

Multiple Choice

Established in 1994, this Crown corporation is a working partnership between the tourism industry and the federal government and is responsible for promoting Canadian tourism both in Canada and around the world.

• A) Canadian Tourism Commission
• B) Tourism Canada
• C) Team Tourism Canada
• D) Canadian Tourism Crown Corporation

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Definitions:

Par Value

The nominal or face value of a bond, share, or other financial instrument, as stated by the issuer.

Income Statement

The income statement is a financial report that shows a company's revenues, expenses, and profits or losses over a specific period of time.

Treasury Stock-Common

Shares that were once outstanding and have been bought back by the issuing company, reducing the amount of available stock on the open market.

Paid-In Capital

Refers to the amount of capital "paid in" by investors during common or preferred stock issuances, including the excess over the par value.