Examlex
In which form of leadership do leaders seek to raise the consciousness of followers by appealing to ideals and moral values such as liberty, justice, equality, peace, and humanitarianism, not to baser emotions such as fear, greed, jealousy, or hatred?
Nonparticipating
A term often used in insurance to describe policies that do not grant the policyholder dividends from the insurer's profits.
Dividends in Arrears
Unpaid dividends on cumulative preferred stock that must be paid out before any dividends can be distributed to common shareholders.
Retained Earnings
The portion of net income that is retained by the company rather than distributed to its owners as dividends.
Journal Entries
The recordings of financial transactions in a ledger, marking the first step in the accounting cycle.
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