General Environment Conditions Exclude Which One of the Following Categories

question 22

Multiple Choice

General environment conditions exclude which one of the following categories?

• A)Technological conditions.
• B)Human relations conditions.
• C)Economic conditions.
• D)Legal-political conditions.
• E)Natural environment conditions.

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Definitions:

Additional Paid-in Capital

The excess amount paid by investors over and above the par value of the shares during the issuance of stock.

Donated Treasury Stock

Shares that were once repurchased by the issuing company and are later donated to a beneficiary.

Cost Method

An accounting technique used to value inventory, usually at the lower of cost or market price, and investments in certain conditions.

Par Value Method

An accounting method used for issuing shares that assigns a nominal value (par value) to the shares, which may affect the accounting treatment of share issues.