Which of the following statements is not correct Select one O a Ownership of common shares gives the owner a voting right Ob If a company's shares are sold by one shareholder to another, this transaction must be recorded by the company, and Share Capital would increaso O c The authorization of share capital does not result in a transaction that is recorded by the company O d Legal capital cannot be distributed to shareholders Which one of the following would normally be considered a disadvantage of the corporate form of organization Select one O a Limited liability of shareholders 6 Separate legal existence c Continuous life d Government regulation

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Which of the following statements is not correct  Select one  O a Ownership of common shares gives the owner a voting right Ob  If a company's shares are sold by one shareholder to another, this transaction must be recorded by the company, and Share Capital would increaso  O c  The authorization of share capital does not result in a transaction that is recorded by the company O d  Legal capital cannot be distributed to shareholders  Which one of the following would normally be considered a disadvantage of the corporate form of organization  Select one O a  Limited liability of shareholders 6  Separate legal existence c  Continuous life d  Government regulation

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Which of the following statements is not correct? Select one: O a Ownership of common shares gives

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Cornerstones of Managerial Accounting

Which of the following statements is not correct? Select one: O a Ownership of common shares gives

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Cornerstones of Managerial Accounting

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