Which statement is true?
A)Stock must have either a par or stated value.
B)If nominal, par value does not need to be disclosed on the balance sheet.
C)In most states, stock may be issued at more or less than par value.
D)Par value does not suggest current fair value.

Question

Quizplus · Accepted Answer

The Answer of Which statement is true?
A)Stock must have either a par or stated value.
B)If nominal, par value does not need to be disclosed on the balance sheet.
C)In most states, stock may be issued at more or less than par value.
D)Par value does not suggest current fair value.

Which Statement Is True