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Which of the following is true about shareholders' investment risk? O A. The risk is limited to the cost of their investment. O B. Shareholders
Which of the following is true about shareholders' investment risk? O A. The risk is limited to the cost of their investment. O B. Shareholders can lose everything, as they are personally liable. O C. Shareholders can lose only the par value of their shares. O D. Shareholders can lose only the market value of their shares. When a company sells a piece of equipment used in the business, the gain or loss on the disposal is shown as O A. part of discontinued operations OB. an adjustment to the beginning balance of retained earnings O C. other gains and losses OD. an extraordinary item 11
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