The earned surplus test for the issuance of dividends by a corporation is less restrictive than the surplus test
a. True
b. False
Indicate whether the statement is true or false
False
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Most large organizations use
A. departmentalization by product. B. departmentalization by location. C. departmentalization by customer. D. a combination of departmentalization bases. E. no departmentalization.
The Sacramento airport is located 15 miles from the edge of the city proper. When the airport was first built in 1967, the airport was located almost 20 miles from the edge of the city proper. Between 1967 and 2009, the edges of the city expanded toward the airport. Some of the housing developments from 2006-2008 are located just 5 miles from the airport. The owners of those home have now filed
complaints against the city and the FAA for nuisance because of the noise from the planes taking off and landing directly over their homes. Which is the best defense for the city and FAA? A)?The landowners moved to the nuisance B)?Airplane noise is always exempt from nuisance actions C)?The city and FAA will need to move the airport; there really is no noise abatement for planes flying overhead D)?Federal law preempts state nuisance laws
Darron Co. was formed on January 1, 2018 as a wholly owned foreign subsidiary of a U.S. corporation. Darron's functional currency was the stickle (§). The following transactions and events occurred during 2018: Jan. 1Darron issued common stock for §1,000,000.June 30Darron paid dividends of §20,000.Dec. 31Darron reported net income of §80,000 for the year.??Exchange rates for 2018 were:? Jan.1§1=$0.48June 30§1=$0.46Dec.31§1=$0.42Weighted average rate for the year§1=$0.44?What was the amount of the translation adjustment for 2018?
A. $60,800 decrease in relative value of net assets. B. $466,400 increase in relative value of net assets. C. $52,000 decrease in relative value of net assets. D. $26,000 increase in relative value of net assets. E. $61,200 decrease in relative value of net assets.
________ is a process that involves an individual comparing perceptions of his or her of performance with those of managers, subordinates, and peers.
A. Goal monitoring B. 360-degree feedback C. Self-assessment D. Performance appraisal E. Performance monitoring