A shareholder who owns sufficient shares to outvote the other shareholders, or to otherwise set corporate policy, and thus to control the corporation is known as a(n) __________ shareholder
a. controlling
b. absolute
c. manipulative
d. chargeable
a
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Adding fictitious receivables to the accounts receivable balance will result in:
a. a decrease in the number of days in receivables ratio. b. the accounts receivable turnover ratio either increasing or decreasing, depending upon its starting point. c. the sales return percentage increasing dramatically. d. All of the choices are true regarding fictitious receivables.
During much of the 1990s everyone expected to do well and the economy was expanding. This is a good example of:
a. a bear market b. an undervalued market c. a bull market d. the Maloney Act e. the consumer price index
Answer the following statement(s) true (T) or false (F)
1. Contributions to defined contribution plans are based solely on the amount that will eventually be paid out to the participant, not on the income or profits of the corporation. 2. Defined benefit plans establish an individual account for each participant. 3. A favorable determination letter issued by the Internal Revenue Service states that the plan has been reviewed and that it complies with the requirements for a qualified plan. 4. Inventions and patents are always the property of the employer. 5. A restrictive covenant found in an employment agreement that restricts the divulgence of trade secrets loses its effect once the trade secret becomes common knowledge.
A project objective is the tangible end product that the project team must produce or deliver
a. True b. False Indicate whether the statement is true or false