Under SEC rules, which of the following is true?
A) Shareholders may be subject to personal liability for paying excessive executive compensation.
B) Publicly held corporations must disclose executive compensation information to shareholders, but not the public.
C) Board of director members can sue a corporation for excessive executive compensation.
D) Board of director members may be subject to personal liability for paying excessive executive compensation.
Answer: D
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When a manager located in Vancouver reports to an executive in Toronto regarding work being done in Calgary, this is an example of
a. job sharing. b. telework. c. job enriching. d. job friendly. e. satellite communication.
Brady's listing of deferred tax assets and liabilities includes the following for operations in the tax jurisdictions of Tambura and Nileboo:Tambura:Deferred tax asset of $5 millionValuation allowance of $2 millionDeferred tax liability of $14 million?Nileboo:Deferred tax asset of $18 millionDeferred tax liability of $3 millionBrady files separate tax returns in Tambura and Nileboo. Brady's balance sheet would include the following disclosure of deferred tax assets and liabilities:
A. A deferred tax liability of $19 million and a deferred tax asset of $23 million.
B. A deferred tax asset of $4 million.
C. A deferred tax liability of $17 million and a deferred tax asset of $21 million.
D. A deferred tax liability of $11 million and a deferred tax asset of $15 million.