The Authorized Stock of a Corporation

question 16

Multiple Choice

The authorized stock of a corporation

• A) must be recorded in a formal accounting entry
• B) only reflects the initial capital needs of the company
• C) is indicated in its bylaws
• D) is indicated in its charter

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Definitions:

Enterprise Resource Planning (ERP)

Integrated management software systems used by organizations to manage day-to-day business activities such as accounting, procurement, project management, and supply chain operations.

Implementing ERP

The process of adopting and integrating Enterprise Resource Planning software into a company's operations to streamline processes and improve efficiency.

Human Resource Planning

The process through which companies ensure they have the right number and kind of people, in the right places, at the right times, capable of effectively and efficiently completing tasks that help the organization achieve its overall strategic objectives.

Big Data

Vast datasets that, when analyzed with computational tools, can disclose various patterns, trends, and links, mainly concerning human behavior and interactions.