All of the Following Are a Part of Contributed Capital

question 254

Multiple Choice

All of the following are a part of contributed capital except:

• A)Common Stock.
• B)Additional Paid-in Capital.
• C)Preferred Stock.
• D)Retained Earnings.

---

Definitions:

Responsibility Center

A segment of a business, such as a department or division, whose manager is accountable for specific financial activities and performance.

Budgetary Unit

An entity, such as a department or division, for which a budget is prepared and controlled.

Managerial Department

A department within an organization responsible for making management decisions, overseeing operations, and developing strategies.

Cash Budget

is a financial plan that estimates cash inflows and outflows over a specific period of time, often used for managing liquidity and ensuring financial stability.