Question

What is the principal security representing ownership in a corporation?

a.

Bond

b.

Derivative

c.

Stock

d.

Preference Share

Answer: (c).Stock Explanation:Stock (equity share) is one of the principal securities representing ownership in a corporation and signifies a claim on the corporation's assets and earnings.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What is the principal security representing ownership in a corporation?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!