The CFO of SpotLight Production Company requests his accountant ...

[geodog55]

The CFO of SpotLight Production Company requests his accountant Felipe to prepare a customized report of the cost overruns at the company's production facility in L.A. Felipe is a managerial accountant.
 
 Indicate whether the statement is true or false

Question 2

Which of the following is an advantage of the corporate form of organization?
 A) Ownership of stock is easy to transfer.
  B) Forming a corporation is a complex and costly process.
  C) The corporation and its stockholders pay taxes on profits.
  D) A corporation must submit detailed information to government agencies.
  E) It is difficult to keep operations confidential because of required reports.

[234sdffa]

Answer to Question 1

False

Answer to Question 2

A

[geodog55]

TYSM

[amcvicar]

Excellent