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Activities in the Program Maintenance Area Fall Under Two Categories

question 58

Short Answer

Activities in the program maintenance area fall under two categories: _______ and changing needs.


Definitions:

Par Value

The face value of a bond or stock as stated by the issuing company.

Legal Services

Professional services provided by a lawyer or legal firm, including advice, representation, and drafting of legal documents.

Par-value Preferred Stock

Par-value preferred stock is a type of preferred share that has a nominal face value indicating the amount that must be repaid if the company is liquidated.

Dividends

Distributions of profits from a corporation to its shareholders, typically in the form of payments.

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