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The Document That Results from an Examination of the Duties

question 10

Multiple Choice

The document that results from an examination of the duties and responsibilities and answering the question,"What human traits and experience are required to do this job?" is the


Definitions:

Par-value Share

A type of stock with a nominal face value that companies define in their corporate charter.

Debenture

An acknowledgment of debts by a corporation normally involving more than one creditor; often used interchangeably with “bond,” but whereas a bond is typically secured against a specific asset, a debenture may be unsecured or secured by a floating charge against inventory.

Commonly Used

Refers to something widely adopted or practiced by a large number of people or within numerous contexts.

Bond

A share interest in the indebtedness of a corporation; often used synonymously with “debenture,” though a bond is normally secured against specific assets, while a debenture is likely not.

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