Depending Upon the Circumstances, Equity Can Also Be Referred to As

question 78

Multiple Choice

Depending upon the circumstances, equity can also be referred to as:

• A)ordinary shares
• B)common stock
• C)risk capital
• D)shareholders' funds.
• E)All of these.

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Definitions:

Profit Center

A department or unit within an organization that is responsible for generating revenue and is evaluated based on its profitability.

Service Department

A segment within a business that supports other departments by providing internal services or activities.

Fixed Costs

Expenses that do not vary in total despite fluctuations in the amount of work or volume of production.

Actual Services

The genuine and realized services provided by a company, as opposed to planned or expected services.