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E. Test version
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NEW QUESTION: 2
Bubba holds 200 shares of common stock in a utility company and receives rights to subscribe to an additional 100 shares at $20. The utility company is raising $40 million of new capital.
How many rights does Bubba receive?
A. 0
B. 1
C. 2
D. 3
Answer: A
Explanation:
Explanation/Reference:
Explanation: 200. In an issue of rights, there is always one right per share. Bubba owns 200 shares and thus receives the same number of rights.

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It would be appropriate for an internal audit activity to use consultants with expertise in health-care benefits when the internal audit activity is:
I. Conducting an audit of the organization's estimate of its liability for post retirement benefits, which include health care benefits.
II. Comparing the cost of the organization's health care program with that of other programs offered in the industry.
III. Training its staff to conduct an audit of health care costs in a major division of the organization.
A. I, II, and III.
B. I only
C. I and III only
D. II and III only
Answer: A


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ASCP-MLT Exam Info

In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the ASCP-MLT Exam.

ASCP-MLT Exam Topics

Review the ASCP-MLT especially if you are on a recertification. Make sure you are still on the same page with what ASCP wants from you.

ASCP-MLT Offcial Page

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Check what resources you have available for studying.

Schedule the ASCP-MLT Exam

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