In Accounting ABN Stands For

question 46

Multiple Choice

In accounting ABN stands for:

• A) Annual Business Number.
• B) Account Balance Number.
• C) Australian Bank Number.
• D) Australian Business Number.

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Definitions:

Public Corporation

A company whose shares are traded freely on a stock exchange, with many shareholders and subject to public reporting regulations.

Ethics

The branch of philosophy that deals with moral principles, governing a person's behavior or conducting an activity.

Common Stock

Equity ownership in a corporation, with voting rights and potential dividends.

Corporate Form

A legal entity structure for businesses, distinguishing the business as a separate entity from its owners.