Except in a short-form merger, the shareholders of both corporations must approve a merger or other plan of consolidation.
Answer the following statement true (T) or false (F)
True
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If current assets amount to $62,000, total assets $350,000, current liabilities $31,000, and total liabilities $125,000, then the current ratio is
a. 0.5 to 1 b. 2.0 to 1 c. 2.8 to 1 d. 3.0 to 1
Select one of the following functional managers and discuss how they might use accounting information in their managerial role: marketing manager, operations/production manager, human resource manager, or finance manager
The manager’s ____ involve using information, contacts, and relationships to allocate limited resources, solve conflict-laden situations, and initiate problem-solving solutions.
a. Decisional roles b. Functional roles c. Required roles d. Informational roles
An advantage of a process layout includes ______.
a. the consistency in processing times from job to job b. the ease of scheduling workflows c. the ability to treat each order as a special case d. its high degree of efficiency