Examlex
Which of the following best describes assurance services?
Common Stock
A type of security that represents ownership in a corporation, with holders usually having voting rights and a claim on profits in the form of dividends.
Stock Dividend
A dividend paid to shareholders in the form of additional shares of stock rather than cash.
Stock Split
A corporate action that increases the number of shares outstanding by dividing each share, which typically reduces the share price.
Par Value
The face value of a bond or the stated value of a share of stock at the time it is issued, typically used in accounting and finance.
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