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Which of the statements below is FALSE? O A. Shareholders elect the board of directors, which ultimately selects the management team that runs the day-to-day
Which of the statements below is FALSE? O A. Shareholders elect the board of directors, which ultimately selects the management team that runs the day-to-day operations of the company OB. Common stock's ownership claim on the assets and cash flow of a company is often referred to as a residual claim. OC. Stock is a major financing source for public companies OD. The profits for common stock owners come before payment to employees, suppliers, government, and creditors
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