Classification

question 82

Multiple Choice

Classification. Respond to the following statements in reference to the five endocrine glands listed below. Choices may be used more than once or not at all.
-Insulin is produced in this gland.

• A)pituitary
• B)adrenal
• C)pancreas
• D)thyroid
• E)Thymus

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Definitions:

Retained Earnings

Retained earnings are the portion of a company's profits that are kept or retained rather than distributed to shareholders as dividends, often used for reinvestment in the business or to pay down debt.

Cumulative Preferred Stock

A type of preferred stock where dividends accrue and must be paid out before dividends can be distributed to common stockholders.

Par Common Stock

The nominal or face value assigned to a share of common stock, which has relevance in corporate accounting.

Par Value

A nominal value assigned to a stock or bond, representing its face value rather than its market value.