Accounting Multiple Choice Question – 24 April 2020

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Accounting
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A person who acquires shares in a company is known as . . .?

Select ONE answer:

  1. a shareholder.
  2. a director.
  3. a partner.
  4. None of the above.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

  1. Correct
  2. Not correct – A person may be a director of a company and yet not own any shares in it.
  3. Not correct – The term ‘partner’ is confined to partnerships. Two people may go into business together as business partners but if they set up a company and become shareholders and / or directors then the latter terms should be used when referring to them.
  4. Not correct

 

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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