The Type of Stock in Which Stockholders Are Assured That

question 124

Multiple Choice

The type of stock in which stockholders are assured that omitted dividends will be paid to them before other dividends are paid is ____________ stock.

• A)cumulative preferred
• B)convertible preferred
• C)participating preferred
• D)common
• E)callable preferred

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Definitions:

Least Expensive

The most cost-effective or cheapest option available that meets the required criteria or needs.

Google Chromebook

A type of laptop or tablet running the Linux-based Chrome OS as its operating system, designed to be used primarily while connected to the Internet.

Fat Client

A computer in a client-server architecture that provides rich functionality independently of the central server.

Thin Client

A computer that does not offer the full functionality of a fat client.