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Which of the following is NOT a benefit that is required by statutory law?
Payout
Refers to the distribution of financial rewards or dividends to shareholders or the disbursement of funds to satisfy debts or expenses.
Net Income
The total profit of a company after all expenses and taxes have been deducted from total revenue.
Cumulative
Refers to the aggregate amount that has been gathered or accumulated over time.
Par Value
A nominal or face value assigned to a share of stock or a bond by the issuing company, often unrelated to its market value.
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