ENUMERATION PRELIM Flashcards

1
Q

Initiated by filing the articles of incorporation with the SEC.
I-
N-
P-
C-
A-

A

Incorporators
Name of the corporation
Purpose of the corporation
Capital stock
Authorized shares

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2
Q

TYPES OF STAKEHOLDERS OF A BUSINESS ORGANIZATION

S-
C-
E-
G-

A

Stock holders
Customers
Employees
Government (Regulators)

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3
Q

Responsibilities to achieve the financial objectives

I-
F-
O-

A

Investing
Financing
Operating

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4
Q

Legal form of business organization

P-
P-
C-

A

Proprietorship
Partnership
Corporation

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5
Q

Objectives of financial management

P-
W-

A

Profit maximization
Wealth maximization

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6
Q

Types of financial decisions

I-
F-
D-

A

Investment decision
Financing decision
Dividend decision

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