The residual claimant(s) is(are):
A)the employees.
B)the creditors.
C)the owners.
D)the government.

Question

Quizplus · Accepted Answer

The residual claimants are the owners of the business who receive the profits, if any, after all the other costs and obligations have been paid. Therefore, option C is the correct answer. The employees, creditors and government do not have ownership rights over the business and therefore are not considered residual claimants.

The Residual Claimant(s) Is(are)