The Owners' Claims to the Assets of the Business Are

question 124

Multiple Choice

The owners' claims to the assets of the business are called:

• A)revenues.
• B)liabilities.
• C)expenses.
• D)owners' equity.

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Definitions:

Management

The process of planning, organizing, leading, and controlling resources to achieve specific goals within an organization.

Primary Funding

The initial capital provided to start a business or venture, often used for early-stage development and operations.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, giving them a stake in the company's assets and profits.