Short-Term Financial Guidelines in Such Areas as Investment,cash,and Personnel Are

question 43

Multiple Choice

Short-term financial guidelines in such areas as investment,cash,and personnel are called _____.

• A) budgets
• B) credits
• C) plans
• D) regulations

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Definitions:

Capital Stock

The total amount of shares that a corporation is authorized to issue as stated in its articles of incorporation.

Dividend

A portion of a company's earnings distributed to its shareholders.

Cumulative Preferred Stock

A type of preferred stock where dividends accumulate if not paid, and must be paid out before dividends to common stockholders.

Common Stock

Equity security representing ownership in a corporation, with rights to vote on corporate matters and receive dividends.