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Match Six of the Terms (A-I)used in the Capital Acquisitions

Question 92

Question 92

Matching

Match six of the terms (a-i)used in the capital acquisitions and repayment cycle with the descriptions provided below (1-6):

Premises:

Responses:

an outside person engaged by a corporation to maintain the stockholder records

stock maintenance agent

an outside person engaged by a corporation to make sure that its stock is issued in accordance with capital stock provisions in the corporate charter and authorizations by the board of directors

independent registrar

a record of the issuance and repurchase of capital stock for the life of the corporation

publicly held corporation

the cycle that concerns the acquisition of capital resources through interest-bearing debt and owners' equity and repayment of the capital

capital acquisition and repayment cycle

the normal starting point for the audit of notes payable;includes detailed information of all transactions related to notes payable that took place during the year

stock transfer agent

an entity that is required to engage an independent registrar

capital stock certificate book

closely held corporation

schedule of notes payable and accrued interest

note payable

Premises:

an outside person engaged by a corporation to maintain the stockholder records

an outside person engaged by a corporation to make sure that its stock is issued in accordance with capital stock provisions in the corporate charter and authorizations by the board of directors

a record of the issuance and repurchase of capital stock for the life of the corporation

the cycle that concerns the acquisition of capital resources through interest-bearing debt and owners' equity and repayment of the capital

the normal starting point for the audit of notes payable;includes detailed information of all transactions related to notes payable that took place during the year

an entity that is required to engage an independent registrar

Responses:

stock maintenance agent

independent registrar

publicly held corporation

capital acquisition and repayment cycle

stock transfer agent

capital stock certificate book

closely held corporation

schedule of notes payable and accrued interest

note payable

Correct Answer:

Premises:

Responses:

stock maintenance agent

independent registrar

publicly held corporation

capital acquisition and repayment cycle

stock transfer agent

capital stock certificate book

closely held corporation

schedule of notes payable and accrued interest

note payable

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