The ________ feature found with many issues of preferred stock requires that all current and past due preferred dividends must be paid prior to any dividend payout to common shareholders
A) cumulative
B) participating
C) convertible
D) historical
A
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Which of the following is not required to be disclosed in an entity's financial statements or accompanying footnotes?
A) the total amount of research and development costs charged to expense during the current year B) the method used to amortize the entity's intangible assets C) a material amount of internally developed goodwill D) accumulated amortization on the entity's intangibles as of its year-end
By giving affected groups as much time as possible to prepare and respond, what type of strategy is being used to minimize the negative announcement?
A) Matching the approach to the situation B) Considering the unique needs of each group C) Minimizing the element of surprise D) Allowing enough time to plan and manage the response E) Being open and transparent
Which of the following statements about a vertical marketing system (VMS) is true?
A) A VMS is a channel in which there is cooperation among channel members at two or more different levels of the channel. B) Members of a VMS operate totally independently of one another outside of buying and selling one another's products. C) The three types of vertical marketing systems are independent, conventional, and customized. D) Channel conflict is a more serious problem in a vertical marketing system than in a conventional marketing system. E) Conventional marketing systems are more efficient than vertical marketing systems.
Which of the following is the BEST sentence for getting the receiver to take action?
a. Come to our showroom before January 31 and receive your 25 percent discount. b. Complete the enclosed card at your earliest convenience. c. Taking action today may be the smartest thing you've ever done. d. If you miss this opportunity, you may never experience the financial freedom you've always dreamed of.