Which is not included in the group?Select one:a.retained earningsb.marketable securitiesc.preference sharesd.common shares
Question
Which is not included in the group?Select one:a.retained earningsb.marketable securitiesc.preference sharesd.common shares
Solution
The option that is not included in the group is b. Marketable Securities. The reason is that options a, c, and d (Retained Earnings, Preference Shares, and Common Shares) are all components of a company's equity. On the other hand, Marketable Securities are short-term investments that a company can quickly convert into cash, and they are considered as part of a company's current assets, not equity.
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