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When You're Studying, You Can't Afford to Overlook Anything

question 3

Multiple Choice

When you're studying, you can't afford to overlook anything. You read and review important facts and even use index cards. It's test day. You look over your test and the information is presented in two lists, arranged in columns. What type of test are you taking?

Definitions:

Additional Assets

Additional resources or properties acquired by a firm or individual which can be utilized for generating revenue or held as an investment.

Incremental Cash Flow

The additional cash flow generated by a company from undertaking a new project or making a business decision, used to analyze the profitability of that decision.

Taxes

Taxes are compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.