Answer:
True
Explanation:
Stockholders' preemptive rights are set by a contract clause that establishes that in case the corporation issues new stock, then a current shareholder must be given the right to buy additional shares before the stocks are sold to other investors.
The preemptive right usually gives the stockholder the right to buy new stock in the same proportion as his/her current stock ownership. For example, if an investor currently owns 2% of the company's stock, he/she will be able to buy 2% of every new set of stocks issued.
Answer:
16 weeks
Explanation:
Given:
Amount saved each week in the first 5 weeks = $25
Amount saved each week in the next 7 weeks = $25 + $20 = $45
Amount saved each week afterwards = $25
Total amount to be saved = $540
Now,
The total amount saved in the first 5 weeks = $25 × 5 = $125
The total saved in the next 7 weeks = $45 × 7 = $315
Thus,
The total amount saved till now = $125 + $215 = $440
Now,
The remaining amount to be saved = $540 - $440 = $100
The time required to save the $100 =
= 4
Hence,.
the total weeks required = 5 + 7 + 4 = 16 weeks
Dividing tasks between employees always eliminates the possibility of collusion, but this is wrong.
Segregation of duties is important for effective internal control because it reduces the risk of errors or improper conduct. Preventing collusion helps fight fraud.
Separation of duties is an important practice to reduce the occurrence of errors and fraud by ensuring that employees do not have the opportunity to commit or conceal errors or fraud in the performance of their duties. That is internal control.
Separation of duties reduces the risk of fraud or misconduct as each affected employee has access controls and restrictions in place. Task division is delegating different steps of the process to different people to delegate important functions.
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An investment is an asset or object received with the aim of producing earnings or appreciation. Appreciation refers to a boom in the value of an asset over the years.
That in shape is loose cash and a guaranteed go-back on your funding. you could start with as low as 1% of each paycheck, though it is an excellent idea to intention for contributing at least as a great deal as your business enterprise match. for instance, a not-unusual matching association is 50% of the first 6% of the profits you contribute.
Investors are understandably cautious. record-high inflation and back-to-back interest rate increases have all triggered volatility. The S&P 500 briefly fell into a undergo market on May 20, again on June 13, and for a 3rd time in September. however, all of that also shouldn't mean sitting out of the marketplace.
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Answer:
Interest payment on bonds payable is a cash outflow from financing activities.
Explanation:
The only statement which is false from the list is : Interest payment on bonds payable is a cash outflow from financing activities.
Interest payment on bonds payable is an expense in the income statement used to determine the income for the year. Net Income falls under the Cash flows from Operating Activities.