A System May

question 44

Multiple Choice

A system may

• A) be isolated.
• B) have real boundaries.
• C) have imaginary boundaries.
• D) all of these

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Definitions:

Retained Earnings

The portion of net income left over for a business after it has paid out dividends to its shareholders, often reinvested into the business.

Cumulative Net Income

The total profit of a company after all expenses and taxes have been deducted, accumulated over a period of time.

Dividends Declared

Profits announced by a company's board of directors to be distributed among shareholders.

Non-Cash Assets

Assets owned by a company that are not in the form of cash but may include items like equipment, real estate, and intellectual property.