Pam owns 800 of the 2,000 issued and outstanding shares of Antelope Corporation. There are
five members of the board of directors, three of whom are up for election at a shareholders'
meeting.
If each share of stock is entitled to one vote, what is the maximum number of votes
that Pam can cast for any one of the candidates for the positions on the board under cumulative
voting?
A) 2,400 B) 6,000 C) 800 D) 4,000 E) 2,000
A
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Employee turnover at Wholesome Publishing is low, but many employees in the Children's Book Division seek transfers to other divisions. Which situation is most likely to explain the employees seeking to leave the Children's Book Division?
A. Employees consider the manager of the Children's Book Division to be unfair. B. Employees' complaints, confrontations, and grievances feel threatening to others. C. The manager of the Children's Book Division properly channels employees' expressions of dissatisfaction. D. Employees in the Children's Book Division are looking for help from outside Wholesome Publishing. E. The pay structure at Wholesome Publishing is too low.
Which of the following is not a typical analytical procedure for the completion of the audit?
a. Ratio analysis. b. Common-size analysis. c. Changes from the prior year. d. All of the above would typically be used.
Refer to the following bank reconciliation.
Which of the following organizations was formed in 1995, is headquartered in Geneva, Switzerland, and with its 162 members represents more than 97 percent of the world's population?
A. UN B. IMF C. NAFTA D. NATO E. WTO