Which of the Following Terms Best Describes a Distribution of the Net

question 21

Multiple Choice

Which of the following terms best describes a distribution of the net income of a corporation to its owners?

• A) Retained earnings
• B) Dividends
• C) Liquidation of assets
• D) Revenue

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Definitions:

Ethical

Pertaining to or dealing with morals or the principles of morality; adhering to accepted standards of conduct.

Managers

Individuals in an organization responsible for directing and overseeing the work of a group of people towards the achievement of goals and objectives.

Ethical Standards

The principles that govern the behavior of individuals and organizations, ensuring actions are moral and right.

Peers

Individuals of similar status or within the same social group, often used to describe professional counterparts or classmates.