The Articles of Incorporation Include All of the Following Except

question 24

Multiple Choice

The articles of incorporation include all of the following except:

• A)what kinds of shares are to be issued.
• B)the costs of issuing the shares.
• C)the type of business to be conducted.
• D)how the board of directors is organized.

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Definitions:

Machine-Hours

A unit of measurement for production capacity, indicating the total number of hours that machinery is operational during a given period.

Raw Materials

Basic substances in their natural, modified, or semi-processed state, used as inputs to production or manufacturing.

Cost of Goods

The total direct costs attributable to the production of goods sold by a company.

Manufactured

The process of making products from raw materials through various procedures including cutting, shaping, assembling, and finishing.