Which of the Following Is a Distinguishing Characteristic of a Notice

question 71

Multiple Choice

Which of the following is a distinguishing characteristic of a Notice of Directors?

• A) Particulars given must coincide with the number of first directors stated in the articles.
• B) Names and addresses must prove Canadian residency of individual first directors.
• C) Names and address must also be given for those persons acting as first directors.
• D) Particulars of the first directors are set out in the entity's incorporating articles.

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Definitions:

Specific Identification Method

An inventory costing method where each item in inventory is individually identified and valued, suitable for unique or expensive items.

Income Manipulation

Practices that adjust the way income is recorded or reported to present financial results in a misleadingly favorable light.

Assets Section

The part of a balance sheet that lists the company's resources, such as cash, inventory, and property.

Expense Section

A part of the financial statement that lists and details the costs incurred by a company during a specific period.