Par Value of a Share Refers to The

question 173

Multiple Choice

Par value of a share refers to the:

• A) Issue price of the share.
• B) Value assigned per share.
• C) Market value of the share on the date of the financial statements.
• D) Maximum selling price of the share.
• E) Dividend value of the share.

---

Definitions:

Primacy Effect

A perception problem through which an individual assesses a person quickly on the basis of the first information encountered.

Recency Effect

A perception problem through which we use the most recent information available to assess a person.

Recency Effect

A cognitive bias in which the most recently presented information or experiences are remembered more clearly than earlier ones.

Perceptual Errors

Mistakes in judgment or interpretation caused by inaccuracies in the perceptual process, similar to perceptual distortions but emphasizing the error aspect.