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NEW QUESTION: 1

A. Option B
B. Option C
C. Option A
Answer: A

NEW QUESTION: 2
Participating preference shareholders are entitled to:
A. Vote at all annual meetings.
B. Convert their shares into ordinary shares.
C. Share in the entity's earnings beyond the stated dividend level.
D. Monitor any sinking funds for the purchase and retirement of debt.
Answer: C
Explanation:
Participating preference shareholders are entitled to share in the earnings of the entity. They participate in earnings distributions under set terms and conditions. Hence, after the stated preference dividend is paid, and ordinary shareholders receive an equal dividend, any remaining dividends are allocated to all shareholders in proportion to the par values of their shares.

NEW QUESTION: 3
A record is modified on 1/1/2008. It meets criteria for a time-based workflow rule; this rule schedules an action for 7 days after rule execution. On 1/4/2008 the record is modified and no longer meets workflow rule criteria.
On 1/5/2008 the record is modified and once again meets the initial time-based workflow rule criteria. How many workflow actions will execute and when?
A. 1 on 1/12/2008
B. 2 on 1/8/2008 and 1/12/2008
C. 1 on 1/8/2008
Answer: A
Explanation:
Explanation/Reference:
Explanation/Reference:
When the record is modified and no longer meets criteria on 1/4 the initial workflow action is dropped from the queue. The workflow action created on 1/5 is scheduled for 7 days after rule execution (which is 1/5), therefore the only rule that would be executed is on 1/12.