Which of the Following Is a Correct Statement

question 113

Multiple Choice

Which of the following is a correct statement?

• A) Shareholders' equity is also called Proprietorship Equity.
• B) A proprietorship has more than one capital account.
• C) A partnership has a separate owner's equity account for each partner.
• D) Retained earnings is the owner's investment in the corporation.

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Definitions:

Ambiguous Words

Words that have more than one meaning or can be interpreted in multiple ways, often leading to confusion or ambiguity in communication.

Directive

A directive can be a formal instruction or order given by someone in authority, or it can refer to guiding principles in psychology and therapy that influence behavior or thought.

Phonological

Pertaining to the system of sounds that a language uses, including patterns of sounds used to encode meaning.

Syntactic

Syntactic relates to the arrangement of words and phrases to create well-formed sentences in a language, following a set of rules and patterns.