In August 2004,Google First Sold Its Common Stock to the Public

question 115

Multiple Choice

In August 2004,Google first sold its common stock to the public at $85 per share and raised $1.76 billion.This is an examples of

• A)a primary market transaction.
• B)a secondary market transaction.
• C)a venture capital firm transaction.
• D)a money market transaction.

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Definitions:

Administrative Function

The tasks related to managing an organization's internal operations, such as record keeping, payroll, and compliance.

Project Administrative

Pertains to the administrative tasks involved in managing a project, including documentation, scheduling, and coordination activities.

Accounting

The systematic recording, reporting, and analysis of financial transactions and data within an organization.

Technological Complexity

The degree of difficulty and sophistication involved in the technology of a project or system.