Examlex
Which of the following statements is NOT true?
Equity
In finance, equity represents ownership interest in a company, typically in the form of stocks. In a broader context, it refers to fairness and justice in treatment.
Efficiency
The effectiveness with which a system, process, or organization uses its resources to achieve its objectives, often with minimum waste or effort.
Allocating Resources
The process of assigning available resources, such as time, money, and labor, to specific uses to achieve an organization's objectives.
Equilibrium
A state in which market supply and demand balance each other, and, as a result, prices become stable.
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