1. Return on equity is a measure of performance from management's perspective.

a) True

b) False

2. When a company operates in different geographic locations it is considered to have different operating segments.

a) True

b) False

3. Return on equity is a measure of performance from management's perspective.

a) True

b) False

4. The pre-emptive right is the right to

a) share proportionately in any new sale of shares.

b) share in the management of the company.

c) share in the profits and losses of the company.

d) share in any dividends paid by the company.