The Vast Majority of Your Problems Will Account for a Minority

question 40

Multiple Choice

The vast majority of your problems will account for a minority of your profits or losses.What is this principle called?

• A)the cost-benefit principle
• B)the 80/20 principle
• C)the rational and intuitive principle
• D)the time management principle

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Definitions:

Dividends Payable

A liability account listed on a company's balance sheet representing the amount of declared dividends that are owed to shareholders.

Cash Dividend

A payment made by a company out of its profits to its shareholders in the form of cash.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of stock rather than cash.

Common Stock Dividend Distributable

A liability recorded on a company's balance sheet for dividends declared but not yet paid to shareholders.