As Part of the Systems Follow?up Work, an Implementation Team

question 52

True/False

As part of the systems follow?up work, an implementation team can watch employees perform their work activities to ascertain whether the employees are executing their assigned job functions correctly.

---

Definitions:

Stock Price

This is the cost of a single share of a company’s stock, a direct reflection of what investors believe a company is worth.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares rather than cash, adjusting the ownership proportionately.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuing party, often used in the accounting of share capital.

Capital in Excess of Par

The amount by which the proceeds from the issuance of shares exceed the par value of the shares, often recorded in the shareholders' equity section of the balance sheet.