Rosa and Sean Are Shareholders of Tech,Inc

question 10

Multiple Choice

Rosa and Sean are shareholders of Tech,Inc.Rosa's written authorization to Sean to vote Rosa's shares at a Tech shareholders' meeting is 

• A) ​a proxy. 
• B) ​a preemptive right. 
• C) ​a violation of the duty of care. 
• D) ​a quorum.

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Definitions:

Operating Income

Income generated from regular business operations, excluding revenue and expenses from non-operating activities.

Divisional Operating Income

The profit generated from a specific division of a company before accounting for interest and taxes.

Support Department Expenses

Costs incurred by departments that do not directly engage in production but provide integral support to operational departments.

Allocation

The process of distributing resources or costs among various projects, departments, or periods.