What is a proxy? State the federal rules that govern a proxy statement
What will be an ideal response?
A proxy is a written document that is completed and signed by a shareholder and sent to the corporation. The proxy authorizes another person—the proxy holder—to vote the shares at the shareholders' meeting as directed by the shareholder. The federal proxy rules promote full disclosure. The management or any other party soliciting proxies from shareholders must prepare a proxy statement that fully describes:
a. the matter for which the proxy is being solicited
b. who is soliciting the proxy, and
c. any other pertinent information.
A copy of the proxy, the proxy statement, and all other solicitation material must be filed with the Securities and Exchange Commission at least 10 days before the materials are sent to the shareholders.
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A valuable planning matrix that will reveal opportunities of growth can be created by combining the ________
A) market development index with the share development index B) market share index with the share potential index C) market share index with the share development index D) current market demand with the market potential E) current market demand with the market development index
Activity-based management is useful for both strategic planning and operational decision making
Indicate whether the statement is true or false
Annual wages and pay increases are classified as a __________ metric of human resources.
B. training
C. compensation
D. staffing
The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $10,000 FICA taxes withheld 850 Income taxes withheld 2,000 Medical insurance deductions 450 Unemployment Taxes 420 The entry to record accrual of employer's payroll taxes would include a
A) debit to Payroll Tax Expense for $1,270. B) credit to FICA Taxes Payable for $1,700. C) credit to Payroll Tax Expense for $420. D) debit to Payroll Tax Expense for $2,120.