The first step in the incorporation a. hold the first organizational meeting. O b. begin conducting business. procedure is to

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 3MC: Your friend is considering incorporating and asks for advice. Which of the following is not a major...
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The first step in the incorporation procedure is to
O a. hold the first organizational meeting.
O b. begin conducting business.
O c. elect a board of directors
d. select a state in which to incorporate.
Transcribed Image Text:The first step in the incorporation procedure is to O a. hold the first organizational meeting. O b. begin conducting business. O c. elect a board of directors d. select a state in which to incorporate.
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