Deferred expenses are also called prepaid expenses
Indicate whether the statement is true or false
TRUE
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What are the two basic types of mood dimensions that organizational behavior researchers have identified?
What will be an ideal response?
A ____________ is a website with journal entries on any imaginable topic usually written by one person
Fill in the blank(s) with correct word
Which of the following is true regarding any duties of controlling shareholders in relation to control of a corporation?
a. Controlling shareholders owe no duties other than to maximize their own wealth. b. Controlling shareholders generally have a duty to control the corporation in a fair, just, and equitable manner, known as the standard of entire fairness. c. Controlling shareholders may act to maximize their own wealth only so long as they do not intentionally harm and exhibit bad faith toward minority shareholders, a standard known as minority shareholder respect and fair dealing. d. Controlling shareholders must appoint minority shareholders to vote a certain percentage of their shares in instances in which the minority shareholders demand that right.
Julio decides his business will begin staying open until 7 p.m. instead of 6 p.m. The next day, the shop stays open until 7 p.m. This environment of flexibility to quickly change is characteristic of what form of business organization?
A. Corporation B. Partnership C. S-corporation D. Flexible partnership E. Sole proprietorship