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GCE Accounting 2022 Objective — Question 38

Question 38 of 50 from the General Certificate of Education (GCE) Accounting 2022 Objective paper, with the correct answer and a full explanation.

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A unit of a company's capital is

  • A. shareCorrect
  • B. stock
  • C. premium
  • D. debenture

Explanation

A share is a unit of a company's capital, while stock is the capital raised through issue of shares expressed in aggregate.

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