Which of the following best describes the appropriation of retained earnings?
A) restricting part of retained earnings for expansion or contingencies
B) setting cash aside for expansion
C) designating certain amounts of retained earnings for cash dividends that are required to be paid to shareholders
D) limiting company transactions in order to boost earnings
A) restricting part of retained earnings for expansion or contingencies
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A formal proposal should contain many of the same elements as a formal report
Indicate whether the statement is true or false.
Which compensation plan would appeal to a salesperson who likes the idea of "pay for performance," but also likes some job security?
A) guaranteed salary B) straight salary C) fixed salary plus bonus D) straight commission plan E) commission plan with a draw provision
________ is the cross-border purchase of assets that are then managed in a way that hides the movement of money and its ownership
A) Capital flight B) Capital mobility C) Irrational exuberance D) Money laundering
Why is the OIS model called a Reference Model?
What will be an ideal response?