Organizational Expenditures Include All of the Following Except for

question 49

Multiple Choice

Organizational expenditures include all of the following except for

• A)costs incurred when issuing stock.
• B)legal costs incident to the creation of the corporation.
• C)expenses of organizational meetings.
• D)fees paid to the state of incorporation.

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Definitions:

Epoch

A division of time that is smaller than a period and greater than an age, used in geology to describe sections of the geologic timescale.

Ordovician

A geologic period and system which is the second period of the Paleozoic Era, characterized by the diversification of marine life.

Radioactive Decay

The process by which the nucleus of an unstable atom loses energy by emitting radiation, leading to a change in its number of protons and/or neutrons.

Chemical Bonding State

Describes the condition or manner in which atoms are linked by attractions and interactions between electrons and nuclei.