The Shareholder Can Cast All Votes for a Single Candidate

question 84

Multiple Choice

The shareholder can cast all votes for a single candidate or split them among various candidates through

• A) proxy fights.
• B) cumulative voting.
• C) call provisions.
• D) majority voting.

---

Definitions:

Income Statement Accounts

Categories within an income statement that record different types of revenue, expenses, gains, and losses, affecting the net income of a business.

Temporary Accounts

Accounts in the general ledger that are closed at the end of the accounting period, transferring their balances to permanent accounts.

Chart of Accounts

A systematic listing of all accounts used in the ledger of an organization, categorized by assets, liabilities, equity, revenue, and expenses.

Re-sort List

The action of organizing or rearranging items in a list according to a different criterion or sequence.