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:

Screening Interview

An initial interview process used to determine if candidates meet the basic requirements of a job before proceeding to more in-depth interviews.

Market Analysts

Professionals who study market conditions to examine potential sales of a product or service.

Automobile Industry

The sector of the economy focused on the manufacture, design, development, marketing, and selling of motor vehicles.

Panel Interview

A job interview where the candidate is questioned by several interviewers simultaneously.