Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Which of the following is another term for the shareholders of a firm?

Employees

Creditors

Equity holders

Debtors

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Verified step by step guidance

Understand the question: The problem is asking for another term used to describe the shareholders of a firm.

Recall the definition of shareholders: Shareholders are individuals or entities that own shares in a company, representing partial ownership of the firm.

Identify the correct term: Shareholders are also referred to as 'Equity holders' because they hold equity (ownership interest) in the company.

Eliminate incorrect options: Employees, creditors, and debtors are not terms used to describe shareholders. Employees work for the company, creditors lend money to the company, and debtors owe money to the company.

Conclude: The correct term for shareholders is 'Equity holders,' as they own a portion of the company's equity.