Question 6:
The unit of capital in a company is represented by which of the following?
A. Owners equity
B. Capital
C. Income
D. Assets
E. Share
The correct answer is (E)
Past Question and Answer Review:
The amount provided by the owner of a business is known as capital.
The capital of a company is termed share capital hence total capital is divided into a number of small indivisible units of a fixed amount. The unit of capital in a company is represented by shares.
So the correct answer is (E)
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