CIPS Ethical and Responsible Sourcing L4M4 Question # 1 Topic 1 Discussion

CIPS Ethical and Responsible Sourcing L4M4 Question # 1 Topic 1 Discussion

L4M4 Exam Topic 1 Question 1 Discussion:
Question #: 1
Topic #: 1

A balance sheet will show a company's assets, liabilities and shareholder equity. What is share-holder equity?


A.

the profit from sales once tax has been deducted


B.

the amount of money held in the company's bank account


C.

the owners' residual claim once all debt has been paid


D.

the amount of money from retained earnings


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