Peterson, Inc. issued 4,000 shares of preferred stock for $240,000. The stock has a par value of $60 per share. Prepare the journal entry for this transaction

What will be an ideal response

Cash 240,000
Preferred Stock—$60 Par Value 240,000

Business

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When residential real estate values fell sharply from 2006 to 2009, the stocks of financial institutions were hardly impacted at all

Indicate whether the statement is true or false.

Business

Which of the following strategies involves creating a culture for enforcing IT security?

A) Creating and communicating an enterprise software security framework. B) Knowledge management training. C) Assuring internal security policy and external regulator compliance. D) Governance in the design and implementation process of system development or maintenance.

Business