Shareholders in a management company have all of the following rights except the right to vote a to change the investment objective of the fund.(option A)
<h3>What are the rights of shareholders?</h3>
A shareholder is a person or group of people who have purchased shares in a public company. The shares gives the shareholders ownership rights in the company.
The shareholders can vote during annual general meetings on matters relating to dividends, membership of the board of directors and investment adviser.
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Answer:
it wll apply 335 dollars of overhead
Explanation:
Assembly rate: 45 dollars per machine hour
Sanding rate 15 dollars per labor hour
On assembly we will only follow the machien hours to apply the overhead rate
On sanding we will apply based on labor hours on that department, we will ignore the rest.
Job 603
Machine hours on Assembly: 4 x 45 = 170
Labor hours on Sandings: 11 labor hours x 15 = 165
applied overhead using the deparmental overhead rate: 335
Answer:
Quality assurance
Explanation:
Quality assurance can be defined as a process of identifying if a particular product meets up to the specified requirements. It helps to assure the quality of products that are manufactured in an organization.
The main function of a quality assurance system is to boost the customer confidence and also the company's credibility, while also improving the different work processes and efficiency. It also enables an organization to be able to compete well with other brands.
Quality assurance process helps to prevent product defects.
In ICS, the member of the command staff assume the title of OFFICER. Incident Command System [ICS] is the model tool for command, control and coordination of a response and provides a mean to coordinate the efforts of individual agencies as they work together toward achieving the common goal of stabilizing the incident and protecting lives, properties and the environment.
When a full set of general-purpose financial statements are presented, comprehensive income and its components should (D) be presented as part of the Income Statement or as a separate financial statement following the Income Statement.
<h3>Comprehensive income and its components:</h3>
- Comprehensive income and its components should be reported as part of the Income Statement or as a separate financial statement after the Income Statement when a full set of general-purpose financial statements is furnished.
- Net income (or loss) plus/minus other comprehensive income items, which may include, for a period: (a) a minimum pension liability adjustment, (b) any unrealized gain or loss on available-for-sale investments, (c) a foreign currency translation adjustment and gain/loss on the related hedge, and (d) the effective portion of cash flow hedges.
- For-profit entities are required by US GAAP to report comprehensive income and its components for a period (unless the entity has no other comprehensive income) in one of two statements:
- In the form of a separate "Statement of Comprehensive Income"
- Or when paired with the Income Statement, a "Statement of Net Income and Comprehensive Income" is produced.
Therefore, when a full set of general-purpose financial statements are presented, comprehensive income and its components should (D) be presented as part of the Income Statement or as a separate financial statement following the Income Statement.
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The correct question is given below:
When a full set of general-purpose financial statements are presented, comprehensive income and its components should:
A. Appear below income from continuing operations in the Income Statement.
B. Reported net of related income tax effect, in total and individually.
C. Appear in a supplemental schedule in the notes to the financial statements.
D. Be presented as part of the Income Statement or as a separate financial statement following the Income Statement.