Matching

question 169

Multiple Choice

Matching
Identify whether the following investor questions are associated with (a) primary or (b) secondary financial reporting objectives.
-If I buy 50 shares of Apple, how much cash will I receive in dividends each year?

• A)primary financial reporting objective
• B)secondary financial reporting objective

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Definitions:

Salaries

Regular payments made to employees for their service during a set period, not depending on hours worked.

Partnership

A legitimate business setup where two or more individuals collaborate in managing the business and dividing its profits.

LLP

Stands for Limited Liability Partnership, a type of partnership where some or all partners have limited liabilities, blending elements of partnerships and corporations.

Net Income

Profit after deduction of all operational, interest, and tax expenses.