Which of the Following Statements About Shareholders' Equity Is NOT

Multiple Choice

Which of the following statements about shareholders' equity is NOT true?

A) Shareholders' equity is the excess of assets over liabilities.
B) Shareholders' equity consists of two main elements: share capital and retained profits.
C) Shareholders' equity is a residual claim of the shareholders on the assets of the organisation.
D) Shareholders' equity is the amount shareholders will receive in dividends in the future.