Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Business Organization

Financial Accounting

1. Introduction to Accounting

Business Organization

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Multiple Choice

Which of the following is NOT typically included in the articles of incorporation?

The corporation's bylaws

The name and address of the corporation's registered agent

The number of shares the corporation is authorized to issue

The names and addresses of the initial directors

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Verified step by step guidance

Understand the purpose of articles of incorporation: Articles of incorporation are legal documents filed with a state to establish a corporation. They typically include essential information about the corporation's structure and operations.

Review the typical contents of articles of incorporation: These usually include the corporation's name, purpose, registered agent's name and address, the number of shares authorized, and the names and addresses of the initial directors.

Clarify the role of bylaws: Bylaws are internal rules and procedures that govern the corporation's operations. They are not typically included in the articles of incorporation but are created separately by the corporation after incorporation.

Compare the options provided: Analyze each option to determine whether it is typically included in the articles of incorporation. The corporation's bylaws are not included, while the other options (registered agent's details, authorized shares, and initial directors' names and addresses) are standard inclusions.

Conclude that the correct answer is the corporation's bylaws, as they are not part of the articles of incorporation but are a separate document created post-incorporation.