Which of the following is NOT a possible and appropriate response by shareholders dissatisfied with existing firm management of a publicly traded firm?
A) Shareholders could sell their shares of stock.
B) Shareholders could remain quietly disgruntled.
C) Shareholders, perhaps with the help of others, could attempt to initiate a takeover.
D) All of these responses may be possible and appropriate.
Answer: D
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Deductive theory is generally associated with which of the following?
A. grounded theory B. scientific method C. humanistic approach D. particularism
What is the term used to describe the arrangement when an organisation contracts with another organisation to provide specific HR services or activities:
a. outsourcing b. in-sourcing c. over-sourcing d. open sourcing
The Income Summary account has a credit balance of $20,000 after the revenue and expense accounts have been closed. Which of the following is to be credited to close the Income Summary account?
A) Dividends B) Sales Revenue C) Cost of Goods Sold D) Retained Earnings
Describe the difference between the periodic and perpetual inventory accounting systems.
What will be an ideal response?