You Cannot Attend the Shareholder's Meeting for Alpha United So

question 118

Multiple Choice

You cannot attend the shareholder's meeting for Alpha United so you authorize another shareholder to vote on your behalf.What is the granting of this authority called?

• A)altering
• B)cumulative voting
• C)straight voting
• D)indenture agreement
• E)voting by proxy

---

Definitions:

Level of Activity

A measure of the volume of production or operations, often influencing costs and profitability in a business.

Variable Costs

Expenses that vary in relation to the amount of products or services a company generates.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business over a certain period.

Net Income

The total earnings of a company after all expenses and taxes have been subtracted from total revenue.