Discuss some of the information items normally included in a corporation's articles of incorporation.
What will be an ideal response?
The articles of incorporation normally include the following information: (1) the corporation's name and proposed date of incorporation; (2) the purpose of the corporation; (3) the location of the business and its expected life (which can be perpetuity, meaning endless); (4) provisions for capital stock; and (5) the names and addresses of the members of the first board of directors, the individuals with the ultimate authority for operating the business.
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Pierce Corp identified the following data in preparing a bank reconciliation on October 31, 2014. Bank statement balance $29,600 Pierce's book balance (before adjustments) ? Outstanding checks 3,100 NSF checks 300 Service charges 200 Deposits in transit 2,200 Interest earned on checking account 100 How much is Pierce's adjusted cash balance on October 31, 2014?
a. $28,700 b. $29,100 c. $28,300 d. $29,600
A major weakness of a matrix organizational structure for project management occurs when:
A) The environment is dynamic. B) Resources are scarce and shared between functional responsibilities and the competing project. C) The number of human resource coordination meetings is considered. D) One considers the dual importance of project management and functional efficiency.
A breakfast cereal maker most likely will not use personal selling to promote its product.
Answer the following statement true (T) or false (F)
A holder of a U.S. Government bond has a greater uncertainty of getting back principal and
interest than the holder of a corporate bond. Indicate whether the statement is true or false