Which of the Following Classification Appears Last in the Statement

question 225

Multiple Choice

Which of the following classification appears last in the Statement of Financial Position?

• A) Non-current Liabilities.
• B) Equity.
• C) Current Liabilities.
• D) Reserves.

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Definitions:

Preferred Stock

A category of corporate ownership that holds a superior claim over the company's resources and profits compared to common stocks, typically offering consistent dividend payments.

Equity

The ownership interest of shareholders in a corporation, represented by their shares of stock.

Dividends

Payments made by a corporation to its shareholder members, often derived from profits.

Constant Rate

A situation or condition in which a particular variable remains unchanged over a period of time.