A potential lawsuit claim is disclosed when the claim can be reasonably estimated and it is reasonably possible.

Answer the following statement true (T) or false (F)


True

Business

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An exchange of one share of an old issue of stock for a multiple number of shares of a new issue of stock with reduced par or stated value is known as a

a. property dividend. b. stock dividend. c. stock split. d. liquidating dividend.

Business

Which of the following shareholders are entitled to vote?

A. Someone who owns common stock and has it listed in his or her name B. An officer of the corporation who does not give an oral or written proxy C. Someone who has sold his or her stock to a relative D. A stockbroker without a proxy from the shareholder

Business

A scatter diagram helps to determine if a linear relationship exists between a cost item and its related activity measure

Indicate whether the statement is true or false

Business

Before the 1990s, many corporations prided themselves on their commitment to ________

A) diversity B) larger profits C) social responsibility D) artistic endeavors

Business