Before shareholders can bring a derivative suit, they must submit a written demand to the corporation, asking the board of directors to take action
a. True
b. False
Indicate whether the statement is true or false
True
Business
You might also like to view...
Which of the following is not a reason for a client to employ cash management techniques?
a. Speed the collection and deposit of cash. b. Reduce the effect of compensating balances. c. Reduce the amount of paperwork. d. Automate the cash management process.
Business
Computer searches and physical asset counts usually focus on the ________ element of the fraud triangle
a. theft b. concealment c. conversion d. inquiry
Business
When expenses exceed revenues, a net income occurs
Indicate whether the statement is true or false
Business
You are investigating the employee turnover rate. Which data collection method is the most appropriate one to use?
a. extant data review b. observation c. survey d. interview
Business