Which of the statements below is TRUE?

A. The profits for common stock owners come after payment to the employees, suppliers, government, and creditors.
B. Shareholders elect the board of directors, which ultimately selects the bondholder team that runs the day-to-day operations of the company.
C. Stock is a minor financing source for public companies.
D. Stockholders are paid before debt holders (bondholders) if a company fails.