Which of the Statements Below Is FALSE

question 14

Multiple Choice

Which of the statements below is FALSE?

• A)The profits for common stock owners come before payment to employees,suppliers,government,and creditors.
• B)Shareholders elect the board of directors,which ultimately selects the management team that runs the day-to-day operations of the company.
• C)Stock is a major financing source for public companies.
• D)Common stock's ownership claim on the assets and cash flow of a company is often referred to as a residual claim.

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Definitions:

Nucleolus

A small, dense structure within the nucleus of a cell, primarily involved in the production and assembly of ribosomes.

Ribosome

Small, spherical, cytoplasmic organelle where protein synthesis occurs.

Chromosome

A structure made of DNA and proteins that contains the genetic information of a cell.

Cristae

Folded inner membranes within mitochondria that increase the surface area for ATP production during cellular respiration.