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Consider the following flowchart symbols as necessary as you respond to the remaining questions in this chapter: "Prepare purchase order" could be represented in a systems flowchart with any of the following except:
Dividends Payable
A liability on the balance sheet representing the amount of dividends that a company owes to its shareholders but has not yet paid.
Stock Splits
An action by a company to divide its existing shares into multiple shares to boost the liquidity of the shares.
Retained Earnings
The portion of a company's profits that is held or retained and not paid out as dividends to shareholders, often used for reinvestment in the business or to pay off debt.
Dividend-Related Liability
A financial obligation arising when a company declares dividends payable to shareholders, to be settled on the dividend payment date.
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