The term stockholder is equivalent to

A) general partner.
B) creditor.
C) shareholder.
D) stakeholder.


Answer: C

Business

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Jewels for the Rich and Famous sells very exclusive jewelry with a minimum price of $25,000 to customers around the world. Speed of delivery to distant markets is a must. Management should use ________ as its main carrier

A) railroads B) air C) trucks D) water E) pipeline

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Which of the following transactions is recorded in the revenue journal?

A) sale of excess office equipment for cash B) rendering services for cash C) rendering services on account D) sale of excess office equipment on account

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One way to improve efficiency is to produce higher activity output with higher cost

Indicate whether the statement is true or false

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Trading securities are debt securities a company plans to hold long-term, possibly until maturity.

Answer the following statement true (T) or false (F)

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