Which of the following statements about the requirements of proxy statements is true?
A. The proposed resolution must be presented to the company for approval at least 100 days before the annual meeting.
B. Stockholders must own $3,000 or more shares for at least one year.
C. The proposal cannot exceed 1,000 words.
D. A shareholder may submit only one proposal for a particular shareholder meeting.
Answer: D. A shareholder may submit only one proposal for a particular shareholder meeting.
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If ending accounts receivable exceeds the beginning accounts receivable:
a. cash collections during the period exceed the amount of revenue earned. b. net income for the period is less than the amount of cash basis income. c. no cash was collected during the period. d. cash collections during the year are less than the amount of revenue earned.
Which of the following statements is not true about the Wonderlic Cognitive Ability Test?
A) Most of the companies using the Wonderlic stop using other hiring tools, such as application forms or interviews. B) It measures both speed and power, so the average score is pretty low–about 21/50. C) It is able to provide valid information cheaply (for $5 to $10/applicant). D) It has different forms and each has 50 questions. E) More companies are using the Wonderlic in hiring decisions.