Which of the Following Statements Is True About the Order

question 36

Multiple Choice

Which of the following statements is true about the order of repayment for a company in liquidation?

• A)creditors rank before ordinary shareholders.
• B)ordinary shareholders rank before preference shareholders.
• C)wages owing to employees rank last.
• D)All of the statements are true.

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Definitions:

Learning Transfer

The ability of learners to apply the skills, knowledge, and/or attitudes gained in one learning situation to another.

Trainee Involvement

The active participation and engagement of learners in the training process to enhance learning outcomes.

ROI

Return on Investment (ROI) measures the gain or loss generated on an investment relative to the amount of money invested.

Ethical Guideline

A directive that outlines appropriate practices and behaviors to uphold ethical standards in professional or organizational activities.