Unless its articles of incorporation provide for a specified period of duration, a corporation has:
a. total existence
b. permanent existence
c. existence of perpetual duration d. final existence
e. none of the other choices are correct
e
You might also like to view...
Expenses that fall outside the regular operations of a business are ________.
A) generally a substantial part of net income B) recorded in the Retained Earnings account C) included under the other income and expenses section of the income statement D) not considered for the calculation of net income
A company that has a cost structure in which its costs grow at a lesser rate than its sale enjoys ___________________________________
Fill in the blank(s) with correct word
Your employee, Tessa, comes to you and says, “I can’t work with Joel on this project because I find him annoying.” Please craft three separate responses to this statement, using three of the five possible response styles. Be sure to label each response with the style you are using.
What will be an ideal response?
During June, Cisco Company produced 12,000 chainsaw blades. The standard quantity of material allowed per unit was 1.5 pounds of steel per blade at a standard cost of $8 per pound. Cisco determined that it had a favorable materials usage variance of $1,000 for June. Calculate the actual quantity of materials Cisco used
A) 17,875 pounds B) 12,125 pounds C) 11,875 pounds D) 18,125 pounds