Which of the Following Statements Is False

question 50

Multiple Choice

Which of the following statements is false?

• A)Most states require stock certificates to have some dollar amount printed on them.
• B)Additional paid-in capital is part of total liabilities on the balance sheet.
• C)The ultimate responsibility for management of a company is delegated by stockholders to professional managers.
• D)Typically,stock is sold for an amount above par value.
• E)An advantage of the corporate form of organization is the separation of ownership and management.

---

Definitions:

Binomial Probabilities

The probabilities of obtaining a given number of successes in a fixed number of binary trials.

Normal Random Variable

A normal random variable is a variable whose values are subject to fluctuations according to a normal distribution.

Standard Deviations

A measure of the dispersion or variability in a dataset, indicating how much individual data points deviate from the mean.

Mean

The average value of a set of numbers, calculated by dividing the sum of all the numbers by the count of the numbers.