The Component of Revenue That Is Addressed When a Company

question 24

Multiple Choice

The component of revenue that is addressed when a company offers a frequent shopper award is:

• A)frequency
• B)selling price
• C)selling process
• D)customers

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Definitions:

Outstanding Shares

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares owned by the company’s officers and insiders.

Cumulative Voting

A method of voting used in corporate elections that allows shareholders to allocate their total votes in any proportion among candidates.

Articles Of Incorporation

A document that contains basic information about a corporation and is filed with the state.

RMBCA

Stands for the Revised Model Business Corporation Act, a template for state laws regulating the formation, operation, and dissolution of corporations.