Examlex
Match each description with the item below.
-Kenneth Starr
Credit Balance
An accounting term describing a situation where the credits in an account exceed the debits, often indicating a liability or revenue.
Liability Account
An accounting record that represents an entity's obligations to pay debts owed to other entities in the future.
Horizon Problems
Challenges faced by management in making decisions that benefit short-term performance at the expense of long-term gains, often influenced by the tenure of managers or external pressures.
Dividend Retention
The strategy of reinvesting company profits instead of distributing them to shareholders as dividends to fuel future growth.
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