A company’s plan for how it will earn income and generate profits is called the _____________.
a. revenue model
b. business model
c. revenue stream
d. business plan
a. revenue model
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The date on which a cash dividend becomes a binding legal obligation is on the
a. declaration date b. date of record c. payment date d. last day of fiscal year
The value of an offering is described as ________
A) the price consumers are charged for a product B) the cost of manufacturing a product C) the degree to which consumer demand for a product is positive D) the sum of the tangible and intangible benefits and costs to customers E) the intangible benefits gained from a product
Which of the following is not one of management's responsibilities?
a. Ensuring accounting principles are following in preparing financial statements. b. Engaging a qualified auditor. c. Implementing effective internal controls. d. Ensuring financial statements and disclosures are accurate.
Which of the following is/are true regarding stock rights?
a. Firms grant stock rights to current shareholders. b. Firms often issue stock rights to raise new capital from current shareholders. c. Shareholders may exercise the stock rights or sell them to others. d. The granting of stock rights to current shareholders requires no accounting entries. e. all of the above