The Basic Unit of Stock Is Called A(n)

question 33

Multiple Choice

The basic unit of stock is called a(n) :

• A)authorization.
• B)certificate.
• C)share.
• D)ownership record.

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Definitions:

Net Cash From Operating Activity

Net cash from operating activity indicates the amount of cash a company generates from its regular business operations, after accounting for operating expenses and working capital changes.

Depreciation Expense

An accounting method used to allocate the cost of a tangible or physical asset over its useful life, reflecting the asset's consumption, wear and tear over time.

Accounts Payable

Liabilities of a company or an individual due to creditors for goods and services received but not yet paid for.

Earnings Per Share

A measure of a company's profitability that is calculated by dividing its net earnings available to common shareholders by the average outstanding shares.