An Employee Stock Ownership Plan Denies Employees the Right to Participate

question 68

True/False

An employee stock ownership plan denies employees the right to participate in votes by shareholders even if the stock is registered on a national exchange.

---

Definitions:

Productive Capacity

The maximum output a system can produce over a set period under normal conditions.

PP&E

Property, Plant, and Equipment - A company's tangible fixed assets that are expected to provide economic benefits for more than one year.

Current Production

The total output of goods and services produced by an economic entity in a current period, reflecting its current level of activity.

Sale of Investments

The process of selling investments such as stocks, bonds, or real estate, typically to generate cash or realize gains.