ECONOMICS

COST ACCOUNTING

COST ACCOUNTING STANDARDS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Shareholders
A
A unit of ownership in a corporation
B
The owners of a corporation.
Explanation: 

Detailed explanation-1: -A shareholder is a person, company, or institution that owns at least one share of a company’s stock or in a mutual fund. Shareholders essentially own the company, which comes with certain rights and responsibilities.

Detailed explanation-2: - Shareholders: Owners of the corporation in proportion to their ownership of corporate stock outstanding. These people may be the same (ie., a director, officer and shareholder), but usually not. Retained Earnings: Corporate profits not (yet) distributed to shareholders.

Detailed explanation-3: -A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation.

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