Under the Revised Model Business Corporation Act, which of the following must be part of the articles of incorporation?
A. The attorney for the corporation.
B. The purpose of the corporation.
C. The address of the registered office.
D. Information concerning where the corporation plans to transact business.
E. The bank used in funding the corporation.
Answer: C
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Robert Inc uses the standard costing method. The company's main product is a fine-quality headphones that normally takes 0.5 hour to produce. Normal annual capacity is 5,000 direct labor hours, and budgeted fixed overhead costs for the year were $8,750. During the year, the company produced and sold 5,800 units. Actual fixed overhead costs were $6,000. Using the information provided for Robert
Inc, compute the fixed overhead volume variance. A) $2,750 (F) B) $925 (U) C) $5,800 (U) D) $3,675 (U)
A company that uses a pull strategy is more likely to use personal selling than a company that markets a similar product using a push strategy
Indicate whether the statement is true or false
According to the text, what is the major difference between publicity and advertising?
A. Publicity identifies the source, thus the term "good publicity" B. The practitioner controls advertising placement but not publicity placement C. Publicity targets multiple publics while advertising targets only consumers D. Advertising supports marketing while publicity supports public relations E. The effects of advertising are easier to determine
Culture refers to characteristic ways of doing things and behaving that people in a given country or region have evolved over time.
Answer the following statement true (T) or false (F)