Officers of a corporation are usually selected by the shareholders
Indicate whether the statement is true or false
FALSE
You might also like to view...
Which of the following is true with respect to the auditor's report?
A. The report indicates that the company's financial statements were audited in accordance with the auditor's best judgment. B. The report indicates that the company's financial statements were audited in accordance with generally accepted accounting standards. C. The report indicates that the company's financial statements were audited in accordance with statements issued by the FASB. D. The report indicates that the company's financial statements were audited in accordance with applicable auditing standards.
Which of the following factors are identified as contributing to the phenomenon of firms being ‘born global’:
a. Increasingly global market conditions b. New developments in transportation and communication technologies c. An increase in the available number of people with international experience d. All of the above
Courts will usually uphold a liquidated damage clause that represents a reasonable approximation of the damages where the actual amount would be very difficult to determine
Indicate whether the statement is true or false
The effective cost of debt is reduced because
A. interest is a tax-deductible expense. B. interest is not a tax deducible expense. C. interest is paid before preferred dividends. D. interest is paid after common stock dividends.