Authorized share capital - Study guides, Class notes & Summaries

ACC 3100 Baruch College, CUNY. MIDTERM REVIEW. All Worked Solutions 1. ABC declared a property dividend. The dividend consisted of 12,000 common shares of its investment in XYZ Company. The shares h ad originally been purchased at $2 per share and had a $1 par. The value of the shares on the declaration date is $8 per share. What is the first entry that should be recorded related to this dividend? 2. Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 83,000 sh...

Managerial Accounting Exam Questions And Answers (Verified And Updated) 1. Which of the following is not a major advantage of a corporation? a. Separate legal existence. b. Continuous life. c. Government regulations. d. Transferable ownership rights. - answerc. Government regulations. 2. A major disadvantage of a corporation is: a. limited liability of stockholders. b. additional taxes. c. transferable ownership rights. d. None of the above. - answerb. additional taxes. 3. Which of t...

Community Association (Definition) - Answer a residential homeowners' association in which membership is a condition of ownership (mandatory) of a unit in a planned unit development, or of a lot for a home or a mobile home, or of a townhouse, villa, condominium, cooperative, or other residential unit which is part of a residential development scheme and which is authorized to impose a fee (assessment) which may become a lien on the parcel. Assessment - Answer The amount of money a unit...

CFI CBCA Core Course Assessments & Quizzes with Complete Solutions What is the main goal of using business writing fundamentals? To reduce mental effort Which of the following statements describes a "Capacity" strength or weakness for a company in the 5 Cs of credit framework? The net profit margin ratio is high. Which of the following statements describes a "Condition" strength or weakness for a company in the 5 Cs of credit framework? The risks associated with the industry are ...

Community Association (Definition) correct answers a residential homeowners' association in which membership is a condition of ownership (mandatory) of a unit in a planned unit development, or of a lot for a home or a mobile home, or of a townhouse, villa, condominium, cooperative, or other residential unit which is part of a residential development scheme and which is authorized to impose a fee (assessment) which may become a lien on the parcel. Assessment correct answers The amount of mone...

ACHE FACHE Week 1 – 6 170+ QUESTIONS AND CORRECT ANSWERS 2024 Health Insurance Portability & Accountability Act (HIPAA) is a Federal Law designed to facilitate the electronic exchange of information in health care. Which of the following does not pertain to this law? a) Privacy protection components of the law limit non-consensual use as a release or private health information b) Patients must receive notice of privacy rights c) Restrictions on access to and use of information is re...

Security correct answers an investment that represents either an ownership stake or a debt stake in a company. An investor becomes part owner in a company by buying shares of the company's stock. Debt security correct answers usually acquired by buying a company's bonds Debt investment correct answers a loan to a company in exchange for interest income and the promise to repay the loan at a future maturity date (it does not confer ownership) Balance Sheet Summarizes the Concept: corre...

CHL IAHCSMM Exam Combined Tested Questions With Revised Correct Detailed Answers |ALREADY GRADED A+ PASS 2024 >> BRAND NEW VERSION!! 1) The funds an organization has available to conduct its daily activities; the amount by which current assets exceed current liabilities - ANSWER working capital 2) A service in which a vendor stocks and maintains a facility's inventory to agreed- upon levels and then issues a monthly (or other time period invoice for all items ...

Community Association Manager Licensing | Questions and Correct Answers | Latest Update 2024/2025 Community Association (Definition) - Answer -a residential homeowners' association in which membership is a condition of ownership (mandatory) of a unit in a planned unit development, or of a lot for a home or a mobile home, or of a townhouse, villa, condominium, cooperative, or other residential unit which is part of a residential development scheme and which is authorized to impose a fe...

Community Association Manager Licensing Exam Questions And Answers Community Association (Definition) - ANS a residential homeowners' association in which membership is a condition of ownership (mandatory) of a unit in a planned unit development, or of a lot for a home or a mobile home, or of a townhouse, villa, condominium, cooperative, or other residential unit which is part of a residential development scheme and which is authorized to impose a fee (assessment) which may become a lien ...