A voluntary dissolution is approved by the
A. shareholders of the corporation.
B. officers of the corporation.
C. creditors of the corporation.
D. president of the corporation.
A. shareholders of the corporation.
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Answer the following statements true (T) or false (F)
1. Direct labor costs are accumulated in the Manufacturing Overhead account. Process costing is used. 2. The journal entry to record indirect labor costs incurred, but not paid, includes a debit to Manufacturing Overhead and a credit to Wages Payable. Process costing is used. 3. Under a process costing system, direct labor costs are assigned to the Work-in-Process Inventory account of the department for which they are incurred. 4. Under process costing, depreciation on plant machinery is debited to the respective department's Work-in-Process Inventory. 5. When finished products are sold, Sales Revenue is debited, and Cost of Goods Sold is credited. Process costing and the perpetual inventory system are used.
The Consumer Bill of Rights includes the right to receive a fair settlement of just claims, including compensation for misrepresentation, shoddy goods, or unsatisfactory services. This is known as the right to ________
A) consumer education B) satisfaction of basic needs C) redress D) be heard E) safety
A minor's right to disaffirm a contract terminates ninety days after the contract's date.?
Indicate whether the statement is true or false
Briefly discuss the assumptions of rationality and the validity of those assumptions.
What will be an ideal response?