What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled ?

Related Mcqs:

1. What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?

   A. Bond B. T-bills C. Stock D. Promissory note...

2. What refers to the claim of anyone to ownership ?

   A. Proprietorship B. Assets C. Equity D. Liability...

3. What stock represents ownership and enjoys certain preferences than ordinary stock ?

   A. Authorized stock B. Preferred stock C. Incorporator’s stock D. Presidential stock...

4. What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for ?

   A. Dividend B. Equity C. Return D. Par value...

5. What bond whose security is a mortgage on certain specified assets of the corporation ?

   A. Registered bond B. Collateral trust bond C. Mortgage bond D. Debenture bond...

6. Assertion A. : Discharging the effluents from the oxidation ponds just up stream of lakes or reservoirs is undesirable. Reason (R) : The discharged algae get settled in the reservoirs and cause anaerobic decomposition and other water qualities_________________?

   A. Both A and R are true and R is the correct explanation of A B. Both A and R are true but R is not a correct explanation of A C. A is true but R is false D. A is false but R is true...

7. What refers to the negotiable claim issued by a bank in lien of a term deposit ?

   A. Time deposit B. Bond C. Capital gain certificate D. Certificate of deposit...

8. The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as _____________________?

   A. Yield B. Economic return C. Earning value D. Gain...

9. What refers to a document that shows proof of legal ownership of a financial security ?

   A. Bond B. Bank note C. Coupon D. Check...

10. Which is true about corporation ?

    A. It is worse type of business organization. B. The minimum number of incorporators to start a corporation is three. C. Its life is dependent on the lives of the incorporators. D. The stock holders of the corporation are only liable to the extent of their investments....