Answer:
The answer is (C) The board is meeting legally-required vigilance standards, but not necessarily those which would protect shareholders' interest.
Explanation:
Based on the question, it is clear that the board of directors is only ensuring that the accounting methods used to report the current company’s project are in line with any legal regulations that are applicable to the project. No questions in regards to the current progress of the project, such as how the budget is used; what it is used for; are the funds used appropriately, are being considered by the board. This means that the board is not carefully considering the shareholders’ interest, who might not be entirely on board with the project if it is not going as well as it should have, or if it is costing more than the value of the project itself.
Answer:
The solution is shown in the file attached below
Explanation:
I think it is what the person's credit score is.
The closing entry for dividends involves a debit to <u>A. Retained Earnings</u> and a credit to <u>Dividends</u>.
<h3>What is a closing entry?</h3>
A closing entry is the journal entry at the end of the accounting period so that temporary ledger accounts (mainly income statement items) are moved to permanent accounts (balance sheet items).
<h3>Answer Options:</h3>
A. Retained Earnings; Dividends
B. Dividends; Retained Earnings
C. Dividends; Dividends Payable
D. Dividends Payable; Dividends
Thus, the closing entry for dividends is a debit to Retained Earnings, which is a permanent account, and a credit to Dividends (a temporary account).
Learn more about closing entries at brainly.com/question/13408214
Answer:
c. pay off accounts payable prior to year-end.
Explanation:
The current ratio refers to the relationship between the current assets and the current liabilities
The formula to compute is as follows
Current ratio = Current assets ÷ current liabilities
It is a liquidity ratio that represents the liquidity of the company
Now for improving the current ratio first the company pay off the account payable before the year ending as it automatically reduced the balance of account payable
Hence, the correct option is c.