Document in a corporation which consists of amount of stock, name and addresses of directors is classified as_____________?
Correct answer: D. Charter
- A. Liability plan
- B. Stock planning
- C. Corporation paperwork
- D. Charter
Explanation
A corporation’s charter, also called its articles of incorporation, records key formation details such as authorized stock and the names and addresses of directors. The other choices are not standard corporate documents.
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Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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