Full-service stores usually carry more specialty goods for which customers need or want assistance or advice

Which of the following statements is true of the corporate form of business?

A) The board of directors sets policy for the corporation and appoints the officers. B) Changes in the ownership of stock has a negative effect on the continuity of the corporation. C) Any stockholder may commit the corporation to a contract. D) It is easy for stockholders to lodge an effective protest against management.

Accurate and relevant data is part of ____________

a. Going concern b. Business entity c. Accounting equation d. Information usefulness