Match Each Term with the Appropriate Definition

question 46

Multiple Choice

Match each term with the appropriate definition.Not all definitions will be used.
-Cumulative Dividend Preference

• A)A company that is like a partnership in nature except that it has limited liability.
• B)A company that has a separate legal identity from its owners.
• C)A company that issues stock on one of the major stock exchanges.
• D)When companies are obligated to pay preferred stockholders past dividends not yet distributed before paying dividends to owners of common stock.
• E)The nominal value per share of stock set by the company's charter.
• F)The current stock price.
• G)A stock that is currently selling for its original issue price.
• H)Stock of companies that tend to pay relatively high dividends compared to the stock price.
• I)Stock of companies that tend to reinvest earnings to provide for greater future sales and profits.
• J)When stockholders prefer to receive dividends at the end of the year rather than each quarter.
• K)An unincorporated business that is owned by a single individual.
• L)When preferred stockholders are paid dividends before other stockholders.
• M)An unincorporated business owned by two or more individuals.

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Definitions:

Staffing Table

A list of anticipated employment openings for each type of job.

Tax

A financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund various public expenditures.

Payroll

Payroll is the process involved in calculating and distributing wages, salaries, and tax withholdings for employees within an organization.

Organization Factors

Various elements within an organization that affect its operation, such as its structure, culture, and internal processes.