Which of the Following Types of Securities Represent Ownership in a Corporation

question 39

Multiple Choice

Which of the following types of securities represent ownership in a corporation?

• A) Debt
• B) Equity
• C) Finance
• D) Formal
• E) Certified

---

Definitions:

IFRS

International Financial Reporting Standards (IFRS) are a set of accounting rules and standards issued by the International Accounting Standards Board (IASB) that aim to bring consistency to financial reporting across the globe.

Condensed Income Statements

A simplified version of an income statement that presents only the most essential information, typically revenue, expenses, and net income, over a specific period.

Private Enterprises

Businesses that are privately owned and operated, and not publicly traded on stock exchanges.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and the government.