A Firm May Cross-List Its Share To

question 21

Multiple Choice

A firm may cross-list its share to:

• A) establish a broader investor base for its stock.
• B) establish name recognition in foreign capital markets, thus paving the way for the firm to source new equity and debt capital from investors in different markets.
• C) expose the firm's name to a broader investor and consumer groups.
• D) All of these.

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Definitions:

On Account

A transaction where goods or services are provided with an agreement that payment will be made at a later date.

Advertising Expense

The cost incurred in promoting products or services through various media to attract potential customers.

Internet Advertising

Marketing and promotional activities carried out online, using various platforms to reach a target audience.

Journal Entry

A record in accounting that represents a transaction in which values are entered on both the debit and credit sides of a company's ledger.