Which of the following is correct with regard to treasury shares?
a. The acquisition of such shares by the corporation is a distribution to shareholders with an effect similar to that of a dividend.
b. Under the Revised Act, treasury shares are unauthorized but issued.
c. The 1980 amendments to the MBCA eliminated the concept of treasury shares.
d. Treasury shares are issued and outstanding.
c
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The strength of association is measured by the ________
A) coefficient of determination B) regression equation C) correlation coefficient D) F factor E) F-statistic
Universal Appliance prices its refrigerators at five distinct price levels based on finish, style, capacity, and features. They range from $799 to $9,500. This is an illustration of price steps
Indicate whether the statement is true or false
Understatement of liability frauds:
a. are among the easiest types of fraud to detect due to the availability of documentary evidence. b. can be accomplished by understating purchase returns. c. can be accomplished by recording payments made in earlier periods as being paid in later periods. d. can be accomplished by recording accruals in a later period.
An executive champion is a person who
A. coordinates the technological efforts of various business units. B. possesses the status, authority, and resources to support an innovation or change. C. has the technical skills needed to install and operate the technology. D. is primarily responsible for securing employee acceptance and support for new ideas. E. develops a new technology from scratch.