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:

Gifts

Voluntary transfers of property or funds to another party without expecting anything in return.

Minor

A person under the legal age of adulthood, which varies by country but is commonly 18 years old.

Intoxicated

The state of being under the influence of alcohol or drugs to a degree that significantly impairs one's physical and cognitive functions.

Repudiates

The action of refusing to accept, acknowledge, or be associated with; in contract law, it refers to the refusal to fulfill contractual obligations.