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
2
Q
TYPES OF STAKEHOLDERS OF A BUSINESS ORGANIZATION
S-
C-
E-
G-
A
Stock holders
Customers
Employees
Government (Regulators)
3
Q
Responsibilities to achieve the financial objectives
I-
F-
O-
A
Investing
Financing
Operating
4
Q
Legal form of business organization
P-
P-
C-
A
Proprietorship
Partnership
Corporation
5
Q
Objectives of financial management
P-
W-
A
Profit maximization
Wealth maximization
6
Q
Types of financial decisions
I-
F-
D-
A
Investment decision
Financing decision
Dividend decision