Preferred shares are generally voting and pay a fixed dividend

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: Common stock is more generally voting shares.

Business

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Ensuring the quality of the data input to the information system is critical to ensuring quality output

Indicate whether the statement is true or false

Business

The capital lease method is appropriate when the lessee enjoys most of the _____ and bears most of the _____ of ownership

a. risks; rewards b. rewards; risks c. cash receipts; cash disbursements d. cash disbursements; cash receipts e. cash receipts; risks

Business