A(n) _____ is the process of taking a privately held company public by selling stock for the first time.
A) venture offering (VO)
B) market opening sale (MOS)
C) initial trade sale
D) initial public offering

Question

Quizplus · Accepted Answer

The process described is known as an initial public offering (IPO), which is the first time a company's stock is offered for sale to the public. A venture offering (A) and market opening sale (B) are not common terms in the IPO process, and there is no such thing as an initial trade sale (C) in this context.

A(n) _____ Is the Process of Taking a Privately Held