A Company's Recycling Task Force Is Composed of Fifteen Members

question 39

Multiple Choice

A company's recycling task force is composed of fifteen members. If the task force makes decisions based on a consensus, how many members must be in favor of the group decision?

• A) 5
• B) 7
• C) 8
• D) 10
• E) 15

---

Definitions:

Cash Dividends

are profit distributions made by a corporation to its stockholders in the form of cash.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.

Income Statement

A financial statement that shows a company's revenues, expenses, and profit or loss over a specific period of time.

Cash Basis

An accounting method where revenues and expenses are recognized when cash is received or paid, not when they are incurred.