Which of the following is TRUE?

A) The shareholder has an automatic right to a dividend if a profit is made by the corporation.
B) A shareholder has a right to share in the corporation's assets upon its winding up.
C) A shareholder is always entitled to one vote per one share owned.
D) A shareholder is entitled to use the assets of the company
E) Both A and C

B

Business

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If the contract price on a noncancelable purchase commitment exceeds the market price, the buyer should record any expected losses on the commitment in the period in which the market decline takes place.

a. true b. false

Business

Historically, the average time to service a customer complaint has been 3 days and the standard deviation has been 0.50 day. Management would like to specify the control limits for an chart with a sample size of 10 and 3- sigma limits

The UCL for the chart would be: A) less than or equal to 3.30. B) greater than 3.30 but less than or equal to 3.40. C) greater than 3.40 but less than or equal to 3.50. D) greater than 3.50.

Business