Value is similar to consideration
Indicate whether the statement is true or false
True
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When a company declares a 3-for-1 stock split, the number of outstanding shares
a. is tripled compared to the number of shares that were outstanding prior to the split. b. stays the same, but, the number of issued shares triples. c. is tripled, while the number of issued shares is reduced to one-third of the original issued shares. d. is reduced, and the number of issued shares is tripled.
Management reporting is often called discretionary reporting because it is not mandated as is financial reporting
Indicate whether the statement is true or false
A rich environment is best for guests who are ______ with the environment and need to make ______ decisions.
a. familiar; many b. familiar; few c. unfamiliar; many d. unfamiliar; few
The ______ is the lowest hourly rate of pay generally permissible by federal law.
A. pay rate B. minimum wage C. wage compression D. overtime