In Order for the Board of Directors of a Corporation

question 64

Multiple Choice

In order for the board of directors of a corporation to declare a cash dividend,there must be sufficient ________ and ________.

• A) revenues; expenses
• B) net income; cash
• C) retained earnings; cash
• D) revenues; cash

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Definitions:

Plasma Membrane

The lipid bilayer that forms the outer boundary of a cell, regulating the passage of substances in and out of the cell.

Phospholipids

Phospholipids are a class of lipids that are a major component of all cell membranes as they can form lipid bilayers.

Voltage-Gated Channels

Protein channels in cell membranes that open or close in response to changes in membrane potential, crucial for nerve impulse transmission.

Receptor Proteins

Proteins on the surface of cells that bind to specific molecules, initiating a biological response.