Zero Sum Games Corporation has forty-three shareholders. The minimum number that must be present at a meeting for a shareholders' vote is
a. all of the shareholders.
b. a quorum.
c. a proxy.
d. three of the shareholders.
b
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The acquisition of land in exchange for common stock is an example of noncash investing and financing activity
a. True b. False Indicate whether the statement is true or false
What document is prepared so that auditors can aggregate potential misstatements in order to assess the materiality of misstatements?
a. The audit opinion. b. The summary of unadjusted audit differences. c. The summary of earnings trends. d. The post-closing trial balance.
Susan Roberts has been with her organization for ten years. She is considered a problem-solver and innovative. Occasionally, she has made mistakes, but she takes responsibility for them. A year ago, a new leader was put in place in her department. Recently, Susan had disagreed with some of this new leader’s decisions. She had privately told her leader of her feelings, but nothing changed. She feels strongly enough that she is right in her beliefs, and she is planning to resign. Susan would be considered ______.
a. a conformist b. alienated c. an effective leader d. disloyal
Long-term investments, usually stocks and bonds of other companies, are often held to maintain a business relationship or exercise control
Indicate whether the statement is true or false