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Tom [10]
3 years ago
6

In a wholly owned or closely held corporation, there really is little distinction between the functions of a board of directors

and those of a board of advisers. True False
Business
1 answer:
umka21 [38]3 years ago
8 0

It is true that there is little distinction between the functions of a board of directors and those of a board of advisers in a wholly owned or closely held corporation.

<h3>What is a board of directors and board of advisors? </h3>

A board of directors refers to the elected group of individuals that represent shareholders while the board of advisors refers to the group of individuals who are appointed to provide counsel businesses.

In conclusion, it is true that there is little distinction between the functions of a board of directors and those of a board of advisers in a wholly owned or closely held corporation.

Read more about board

<em>brainly.com/question/4771644</em>

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Which of the following is incorrect?
Vlad1618 [11]

Answer:

d. A loan received will reduce capital

Explanation:

Capital is the collection of financial assets required to start and maintain a business. Capital is the money required to begin the operations of a business.  The money is used to purchase assets and materials used in the production of goods or services. Capital is either borrowed( debt ) or from the owner's savings ( equity).

A loan is cash borrowed to boost the financial strength of an individual or a business. Should a business opt for a loan, it means it will have more cash to finance its operations. Its ability to produce goods and services is increased. Therefore,  a loan is an addition to capital.

4 0
4 years ago
Which product/service type should be used when setting up products sold by a company that uses a perpetual inventory system?
PtichkaEL [24]

Answer:

inventory part bro

hope this helps plz mark brainliest give like and five star rating

8 0
3 years ago
AMR Corporation (parent company of American Airlines) reported the following (in millions). Service Cost$366Interest on P.B.O. 7
antiseptic1488 [7]

Answer:

$677,000,000

Explanation:

The computation of pension expenses is shown below:-

Pension expenses = Service cost + Interest on PBO - Return on plan assets + Amortization of prior service cost - Amortization of net loss

= $366,000,000 + $737,000,000 - $593,000,000 + $13,000,000 - $154,000,000

= $677,000,000

Therefore for computing the pension expenses we simply applied the above formula so that the correct amount could come

5 0
4 years ago
I need help please ?
FromTheMoon [43]

Answer

x and y axis representing

Explanation:

3 0
4 years ago
A natural barrier that faces Argentina when it sells beef to Siberia is: Group of answer choices custom regulations distance gov
Eduardwww [97]

A natural barrier that faces Argentina when it sells beef to Siberia is distance.

<h3>Why distance is a barrier to trade?</h3>

Due to the fact that markets within countries are typically closer together than markets between countries, distance reduces international trade in comparison to domestic trade. Most overseas markets have higher transportation expenses than they do for domestic markets, frequently by a significant margin. Given that distance seems to restrict trade more than can be compensated for by transportation, it is possible that distance is also linked to greater non-transportation trade costs.

For example, the price of carrying the beef from Argentina to Siberia could make it too expensive even though farming beef there may be less expensive than raising beef in the freezing cold of Siberia. Thus, one of the inherent obstacles to international trading is distance.

Learn more about trade barriers here:

brainly.com/question/27863334

#SPJ4

4 0
2 years ago
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