A corporation's minimum legal capital is established by recording the par or stated value of the number of shares:
A. Subscribed.
B. Outstanding.
C. In treasury.
D. Authorized.
E. Issued.
Answer: E
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Which of the following is true with respect to the auditor's report?
A. The report indicates that the company's financial statements were audited in accordance with the auditor's best judgment. B. The report indicates that the company's financial statements were audited in accordance with generally accepted accounting standards. C. The report indicates that the company's financial statements were audited in accordance with statements issued by the FASB. D. The report indicates that the company's financial statements were audited in accordance with applicable auditing standards.
Which of the following taxes is not subject to a maximum amount per employee per year?
a. State unemployment tax b. Federal unemployment tax c. Social security tax d. Medicare tax
Which of the following types of firms recognizes the current and future benefits of interactions with various stakeholders?
a. Skeptical firm b. Pragmatic firm c. Engaged firm d. Idealistic firm
An attempt by the union to advertise a strike and to discourage people from entering the facility is known as a:
a. strike b. lockout c. picket d. boycott e. work slow down