To Participate in a Shareholders' Meeting, a Shareholder Must Present

question 106

True/False

To participate in a shareholders' meeting, a shareholder must present a proxy.

---

Definitions:

Operating Fund

A fund used to cover the day-to-day operational expenses of an organization.

Capital Fund

A reserve of capital that can be used for specific purposes, often to fund long-term investment projects or to cover future liabilities.

Restricted Fund Method

An accounting principle used by non-profit organizations, where donations or grants are kept in separate accounts and are spent only according to donors' stipulations.

Capital Fund

A financial resource that is used for the purchase of fixed assets or for significant investment in a business, not consumed in normal operations.