Which of the following terms represents a situation in which total losses and dividends to date are greater than total profit to date? O a profit O b. net income Oc deficit Od net loss All of the following statements about changes in accounting policy are correct EXCEPT O a. are allowed if it results in the financial statements providing more relevant and reliable information. O b. do not result in changes to prior periods. Oc. are sometimes required because of a change in accounting standards. O d. are implemented retroactively. Even if it is riskier to issue debt, most companies still choose to do this because O a. it effects shareholder control O b. money that is borrowed often increases earnings per share Oc you can raise more than if you had of issued shares O d. it often produces a lower return on equity The articles of incorporation can contain all of the following EXCEPT O a. the names and addresses of the senior management team. O b. the names and addresses of the incorporators. O c. the name of the proposed corporation. O d. the purpose of the proposed corporation