Consider the authority structure in a corporation 1. What group holds the ultimate power in a corporation? 2. Who is the most powerful person in the corporation? What's the abbreviation of this person's title? 3. Who's in charge of day-to-day operations? What's the abbreviation of this person's title? 4. Who's in charge of accounting and finance? What's the abbreviation of this person's title? The shareholders be the CEO, for good corporate Requirement 1. What group holds the ultimate power in a corporation? hold(s) ultimate power in a corporation Requirement 2. Who is the most powerful person in the corporation? What's the abbreviation of this person's title? The is usually the most powerful person in a corporation. The governance Requirement 3. Who's in charge of day-to-day operations? What's the abbreviation of this person's title? is in charge of day-to-day operations. The title is CFO Requirement 4. Who's in charge of accounting and finance? What's the abbreviation of this person's title? The is in charge of accounting and finance. The title is The Click to select your answer(s) Answer the following questions about the characteristics of a corporation's shares: 1. Who are the real owners of a corporation? 2. What privileges do preferred shareholders have over common shareholders? 3. Which class of shareholders reaps greater benefits from a highly profitable corporation? Explain. Requirement 1. Who are the real owners of a corporation? The common shareholders are the real owners of a corporation Requirement 2. What privileges do preferred shareholders have over common shareholders? (Leave unused cells blank.) Requirement 3. Which class of shareholders reaps greater benefits from a highly profitable corporation? Explain benefit more from a successful corporation. The dividends are limited to a specified amount The so the potential for gains through is unlimited Choose from any drop-down list and then continue to the next