A director does not need to disclose any conflict of interest before voting on a proposed transaction.
Answer the following statement true (T) or false (F)
False
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Bondholders are external users of company's accounting information
a. True b. False Indicate whether the statement is true or false
What are the four types of persuasive arguments in persuasive speaking? Identify each one and explain how they are used to create strong persuasive arguments.
What will be an ideal response?
Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $17,800 under terms of 2/10, n/30 and FOB shipping point. 2) Green Company paid freight cost of $780 to have the merchandise delivered. 3) Payment was made to the supplier on the inventory within 10 days. 4) All of the merchandise was sold to customers for $27,100 cash and delivered under terms FOB destination with freight cost amounting to $580. What is the net cash flow from operating activities that results from these transactions?
A. $9656 inflow B. $8296 inflow C. $27,100 inflow D. $18,804 outflow
Proof of misrepresentation by a broker requires: A) Proof of intent to defraud
B) Proof of a conspiracy with the seller. C) Proof of falsifying documents. D) None of the above