TABLE 12-8 The Director of Transportation of a Large Company Is Interested

question 31

Multiple Choice

TABLE 12-8
The director of transportation of a large company is interested in the usage of the company's van pool program. She surveyed 129 of her employees on the usage of the program before and after a campaign to convince her employees to use the service and obtained the following:
She will use this information to perform test using a level of significance of 0.05.
-Referring to Table 12-8, the director now wants to know if the proportion of employees who use the service before the campaign and the proportion of employees who use the service after the campaign are the same. Which test should she use?

• A) χ²-test for difference in proportions
• B) Z-test for difference in proportions
• C) McNemar test for difference in proportions
• D) Wilcoxon rank sum test

Differentiate the roles and rights of shareholders and debenture holders in a corporation.

Describe the restrictions on share transferability in closely held corporations.

Recognize the liability limitations of shareholders regarding corporate debts.

Comprehend the concept of a corporation as a separate legal entity and its implications for shareholders and directors.

---

Definitions:

Principal Value

The original sum of money invested or loaned, before interest or any profit earned.

Note Receivable

An asset on the balance sheet representing money owed to the holder by a debtor, which includes an obligation to pay both the principal and interest.

Dishonoured

Refers to a financial instrument, such as a check or a bill, that is not paid upon presentation for settlement.