Regulation Crowdfunding:
A) allows startup companies to sell shares directly to a large number of investors without an intermediary broker.
B) became effective with the Penny Stock Reform Act of 1990.
C) allows an issuer to raise a maximum aggregate amount of $1 million through crowdfunding in a 12-month period.
D) All of these statements are true.
C
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A voucher system's control over cash payments begins when a company incurs a liability that will result in eventual payment of cash.
Answer the following statement true (T) or false (F)
Brussels Products began its Belgian operations on January 1 . The following is the journal entry for the total payroll for January of €60,000: €40,000 paid to factory workers and €20,000 paid to marketing and administrative personnel:
a. Direct Labor Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 Salaries Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000 b. Salaries Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000 c. Work-in-Process Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000 d. Work-in-Process Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 Salaries Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000 e. Work-in-Process Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000 Salaries Expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000
Personal ________ involves deciding what makes you special and desirable in the job market, creating a tagline, preparing a professional-looking business card, developing an elevator speech, and building a powerful online presence
Fill in the blank(s) with correct word
"Capital" is sometimes defined as funds supplied to a firm by investors.
Answer the following statement true (T) or false (F)