As a Consequence of Recent Changes to the Corporations Act

question 85

True/False

As a consequence of recent changes to the Corporations Act 2001 (s.254C),shares of a company are no longer considered to be issued at a premium or a discount.

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Definitions:

Type II Error

A statistical error in which a false null hypothesis is not rejected, also known as a 'false negative'.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists within a certain set of observations.

Significant Difference

A statistical measure indicating that the observed difference between two datasets is likely not due to random chance.

Confidence Interval

An assortment of values, coming from statistical review of samples, aiming to envelop the value of an unspecified population parameter.