_____ Must Be Used by U

question 42

Multiple Choice

_____ must be used by U.S.Securities and Exchange Commission (SEC) registrants.

• A)U.S.GAAP
• B)International Financial Reporting Standards (IFRS)
• C)U.S.GAAS
• D)International GAAP
• E)International GAAS

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Definitions:

Stockholders' Equity Section

The portion of the balance sheet that represents the ownership interest of shareholders in a company.

Date of Record

The specific date on which a company determines the eligible shareholders for receiving dividends or other corporate distributions.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash, increasing the total number of shares owned by shareholders.

Par Value

Refers to the nominal or face value of a bond, stock, or coupon as stated by the issuer.