The first meeting of the board of directors after the bylaws are filed is called the:
A) Initiation meeting.
B) Novation meeting.
C) Organizational meeting.
D) Adoption meeting.
E) Promoters' meeting.
C
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Which of the following is not a form of nonprobability sampling?
A) convenience sampling B) cluster sampling C) quota sampling D) snowball sampling
A bond that had a 20-year original maturity with 1 year left to maturity has more interest rate price risk than a 10-year original maturity bond with 1 year left to maturity. (Assume that the bonds have equal default risk and equal coupon rates, and they cannot be called.)
Answer the following statement true (T) or false (F)
Which of the following is NOT one of the steps in the risk management process?
A. Risk assessment B. Risk identification C. Risk response development D. Risk response control E. Risk tracking
Hobbs Manufacturing Co's static budget at 10,000 units of production includes $50,000 for direct labor and $7,000 for variable electric power. Total fixed costs are $30,000 . At 15,000 units of production, a flexible budget would show ________
a. variable costs of $85,500 and $36,000 of fixed costs b. variable costs of $75,000 and $30,000 of fixed costs c. variable costs of $85,500 and $24,000 of fixed costs d. variable and fixed costs totaling $115,500