When a consolidation takes place, the newly formed corporation issues shares or pays fair consideration to the shareholders of any corporation that ceases to exist.
Answer the following statement true (T) or false (F)
True
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Which of the following will not affect retained earnings?
a. Declaration of a stock dividend b. Payment of a cash dividend previously disclosed c. Adjustment for an error of a prior period d. Net income e. Net loss
The industry environment directly influences a firm and its competitive actions and responses.
Answer the following statement true (T) or false (F)
The firm's _______, defines the target market segments and customers and a course of action that the firm will pursue to deliver superior value to them
a. technology strategy b. market strategy c. learning strategy d. project strategy
The materials price variance is computed using the equation
A) (Actual Price x Actual Quantity) - (Standard Price x Actual Quantity). B) (Standard Price x Actual Quantity) - (Actual Price x Actual Quality). C) (Standard Price x Standard Quantity) - (Actual Price x Actual Quantity). D) (Actual Price x Actual Quantity) - (Standard Price x Standard Quantity). E) None of these.