Which Statement Is TRUE

question 23

Multiple Choice

Which statement is TRUE?

• A)Management uses reports created for internal parties.
• B)Management uses financial information to plan internal operations.
• C)Management uses financial information to analyze costs.
• D)All of the above are true.

---

Definitions:

Preferred Stock

A class of ownership in a corporation with a fixed dividend that has priority over common stock dividends but typically does not have voting rights.

Par Value

The nominal or face value of a bond, share, or coupon as stated by the issuer.

Market Price

The up-to-the-minute market price for assets or services open for buy or sell transactions.

Dividends

Funds distributed by a company to its shareholders from its profits.