Which of the statements below is false?

a. shareholders elect the board of directors, which ultimately selects the management team that runs the dayminus−tominus−day operations of the company.

b. common stock's ownership claim on the assets and cash flow of a company is often referred to as a residual claim.

c. the profits for common stock owners come before payment toemployees, suppliers, government, and creditors.

d. stock is a major financing source for public companies.

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.