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1 Which of the following statements about shareholders' equity is NOT true? (2.05) A Shareholders' equity is the excess of assets over liabilities. B. Shareholders'

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1 Which of the following statements about shareholders' equity is NOT true? (2.05) A Shareholders' equity is the excess of assets over liabilities. B. Shareholders' equity consists of two main elements: share capital and retained earnings. C. Shareholders' equity is a residual claim of the shareholders on the assets of the organisation. D Shareholders' equity is the amount shareholders will receive in dividends in the future. OD

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