The least amount that the buyers of stock must contribute to the corporation or be at risk to pay creditors at a future date is called the:
A. Premium capital.
B. Minimum legal capital.
C. Stated value.
D. Par value of preferred.
E. Working capital.
Answer: B
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This question contains two parts; be sure to answer both. First, describe the elements of the communication process. Next, imagine that you are the CEO of a cosmetics company. Your company is headquartered in Chicago, where you have more than 3,000 employees. You are planning to give a talk to all the employees, a "state of the company" address that reviews the company's performance, victories, and challenges over the past 12 months. Because you want every employee to be able to listen to your address, you decide to do it as a webcast that employees can watch on their computers in real time. Explain how your webcast includes each element of the communication process.
What will be an ideal response?
For a firm considering AIS and IT initiatives, accountants can play an important role in which of the following ways?
A. Implementing the controls in the new technology. B. Entering transactions into the new system. C. Developing and reviewing the business case for the initiatives. D. Auditing the financial statement reports created by the new system.
Which of the following would encourage cohesion in a small group?
A) using nicknames B) emphasizing group members' different roles C) respecting and appreciating participation of all members D) emphasizing common goals E) accepting ideas without critical analysis
When human services leaders work at the macro level, what types of clients do they serve?
What will be an ideal response?