A corporation whose shares are all held by a single person is a close corporation

Indicate whether the statement is true or false


True

Business

You might also like to view...

Which statement below is not correct regarding the Projected Benefit Obligation (PBO)?

A. The PBO represents the present value of the retirement benefits earned to date. B. The PBO is based on future salary levels. C. Benefits paid to retirees do not affect the PBO. D. A higher discount rate assumption increases the projected benefit obligation.

Business

Stored procedures are saved in an Oracle11g application or library on the client-side.

Answer the following statement true (T) or false (F)

Business

Discuss the implications of disclosing potentially damaging information in an employment reference

Business

If the EPA cleans up a toxic waste site, the cost of a cleanup can be recovered from the: A) owner

B) party who dumped the waste. C) Superfund. D) All of the above

Business