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Issues of Shares: Terminologies Used - SS2 Accounting Past Questions and Answers - page 1

1

What is share capital?

A

Total number of shares issued by a company

B

Total value of the shares issued by a company

C

Maximum number of shares a company can issue to shareholders

correct option: b
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2

What are authorized shares?

A

The maximum number of shares a company can issue to shareholders

B

The total number of shares issued by a company

C

The face value of a share

correct option: a
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3

What is a dividend?

A

A payment made by a company to its shareholders

B

The maximum number of shares a company can issue to shareholders

C

The current value of a share based on the stock market's supply and demand

correct option: a
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4

What is an IPO?

A

The first time a company offers shares of its stock to the public

B

A process in which a company divides its existing shares into multiple shares

C

An offering of additional shares to existing shareholders

correct option: a
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5

What is a stock split?

A

A process in which a company divides its existing shares into multiple shares

B

An offering of additional shares to existing shareholders

 

C

A payment made by a company to its shareholders

correct option: a
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6

Define a shareholder.

A shareholder is an individual or entity that owns shares in a company.

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7

What is a rights issue?

A rights issue is an offering of additional shares to existing shareholders, usually at a discounted price.

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