Chemical Engineering Mcqs


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  • What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for ?
  • The amount of company’s profit that the board of directors of the corporation decides to distribute to ordinary shareholders is called ___________________?
  • What stock represents ownership and enjoys certain preferences than ordinary stock ?
  • What represents the ownership of stockholders who have a residual claim on the assets of the corporation after all other claims have been settled ?
  • Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ________________________?

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