Weekly Quiz 6_ Attempt review.pdf - 6/17/2020 Weekly Quiz...

This preview shows page 1 - 2 out of 3 pages.

The preview shows page 1 - 2 out of 3 pages.
6/17/2020Weekly Quiz 6: Attempt reviewHome/My Courses/ACCT701-AP1-STACKED-37793-SUMMER2020/Module 6: June 15 - June 21/Weekly Quiz 6QuestionCorrectMark 1.50 out of1.50(T/F) A corporation must be incorporated in each state in which it does business.1Started onWednesday, June 17, 2020, 3:59 PMStateFinishedCompleted onWednesday, June 17, 2020, 4:16 PMTime taken16 mins 58 secsGrade15.00out of 15.00 (100%)Select one:TrueFalseThe correct answer is 'False'.
1/3
QuestionCorrect(T/F) Cash dividends are not a liability of the corporation until they are declared by the board of directors.2Mark 1.50 out of
1.50QuestionCorrectMark 1.50 out of1.50(T / F) "Capital stock authorized" is the maximum number of shares of stock that a corporation can issue asdesignated in its charter.3TrueFalseThe correct answer is 'True'.

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 3 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Summer
Professor
N/A
Tags

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture