True - ANS-T/F: Activist is usually measured and translated into financial units
Financial Accounting - ANS-External Reporting
summarized results
past performance
within a wider array of corporate information
Manage
...
True - ANS-T/F: Activist is usually measured and translated into financial units
Financial Accounting - ANS-External Reporting
summarized results
past performance
within a wider array of corporate information
Management Accounting - ANS-Internal reporting
detailed measurement
past and projected performance
Corporate Governance - ANS-the system of governing a company so that the interests
of corporate owners and other stakeholders are protected
True - ANS-T/F: The distance of ownership from control increases as you go from sole
trader, partnership, private limited company, and public limited company
public limited company - ANS-a limited company, often a large business, with the legal
right to sell shares to the general public - share prices are quoted on the national stock
exchange
Private limited company - ANS-A business owned by shareholders with limited liability
but whose shares cannot be bought by or sold to the general public.
Sole trader - ANS-business owned and operated by one person
Partnership - ANS-A business in which two or more persons combine their assets and
skills
Ownership is shareholders
control is directors and management - ANS-What is the difference between ownership
and control?
Corporations - ANS-The separation of ownership from control is formalized in joint-stock
or limited companies, also known as
They are a separate legal entity. Which means companies can enter contracts on its
own name. Meaning If I were an investor and invested into a limited company, I would
bare no legal rights to the company and I would only risk what I exactly invested into the
company. - ANS-Why are limited companies so popular?
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