Documents That Are Sent to Customers or Suppliers and Then

question 83

Multiple Choice

Documents that are sent to customers or suppliers and then sent back to the company in the course of a business transaction are known as

• A)turnaround documents.
• B)source documents.
• C)input documents.
• D)transaction documents.

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Definitions:

Raiders

Individuals or entities that aggressively attempt to take over or acquire control of a business, often through purchasing a substantial portion of its stock.

Corporate Books

The official records of a corporation, documenting essential activities, decisions, and financial transactions.

Freeze-Out Acquisition

A strategy used in mergers and acquisitions where a majority shareholder forces out minority holders to take full control of the company.

Share Split

Traditionally, a corporation’s dividing existing shares into two or more shares, thereby increasing the number of authorized, issued, and outstanding shares and reducing their par value. In modern corporation law, treated like a share dividend. Also called stock split.