A Classification Essay Breaks a Subject into Categories, Sorting and Organizing

question 12

Multiple Choice

A classification essay breaks a subject into categories, sorting and organizing the parts into a structure called a ______________________.

• A) synonym
• B) taxonomy
• C) cause
• D) comparison

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Definitions:

Stockholders' Equity

Stockholders' equity represents the owners' equity invested in a company, inclusive of retained earnings and contributed capital, showing the residual assets available to shareholders after debts are settled.

Treasury Stock

Treasury stock includes shares that have been originally issued and then bought back by the issuing corporation, thereby decreasing the total number of outstanding shares available on the public market.

Cumulative

Describes an amount that has accumulated over time, often referring to the total up to a particular point.

Capital Stock

The total amount of a company's shares authorized and issued to shareholders, representing the primary source of equity financing.