When Ken,the Manager of Transporters Inc

question 13

Multiple Choice

When Ken,the manager of Transporters Inc. ,put together a new marketing team,he appointed Kyle to lead the team.Kyle is the:

• A)Formal leader
• B)Informal leader
• C)Role manager
• D)Role maker
• E)Commander

---

Definitions:

Paid-in Capital

The amount of money that a company has received from shareholders in exchange for shares of stock, beyond the par value of the shares.

Cost Method

An accounting method used to value certain investments at their original purchase cost, less any impairments.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuing company.