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  • Accounting Vocabulary Online Quiz
  • Financial rights to the assets of a business are called e...
Multiple choice

Financial rights to the assets of a business are called equities

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Equities represent the financial rights or claims to the assets of a business. This includes both liabilities (creditor claims) and owner's equity (owner claims).

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