The Revised Act requires that demand be made upon the board of directors to enforce the corporate right at issue in all cases as a prerequisite to bringing a derivative suit

Indicate whether the statement is true or false


True

Business

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Assets that are expected to be used for more than one year in an operation of a business are called property, plant, and equipment

a. True b. False Indicate whether the statement is true or false

Business

Which theory below is considered a process theory?

A. Maslow’s hierarchy of needs B. goal-setting theory C. ERG theory D. McClelland’s need theory

Business

An income statement reports the revenues earned less the expenses incurred by a business over a period of time.

Answer the following statement true (T) or false (F)

Business

Colloquialisms can be:

a. considered as slang. b. a barrier to communication. c. used in informal speech. d. All of the answers are correct.

Business