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WAEC Accounting 2022 Objective — Question 38

Question 38 of 50 from the West African Examinations Council (WAEC) 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. a shareCorrect
  • B. stock
  • C. premium
  • D. debenture

Explanation

A share is the basic unit into which a company's capital is divided, representing a unit of ownership.

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