The Term That Is Currently the Most Commonly Preferred for Owner's

question 13

Multiple Choice

The term that is currently the most commonly preferred for owner's equity in a company balance sheet is:

• A)Shareholder's equity
• B)Equity
• C)Shareholder's funds
• D)Share capital and reserves

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Definitions:

Probable Cause

A reasonable basis for believing that a crime may have been committed, which is necessary for issuing warrants and making arrests.

Preliminary Hearing

An initial hearing in which a judge or magistrate decides if there is probable cause to believe that the defendant committed the crime with which he or she is charged.

Probable Cause

A reasonable basis for believing that a crime may have been committed, used to justify police searches, arrests, and warrants.

Magistrate

A judicial officer with the authority to oversee minor civil disputes and criminal cases.