Grouping Means to Sort Records Plus Provide Extra Report Sections

question 63

True/False

Grouping means to sort records plus provide extra report sections.

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Definitions:

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities markets and protecting investors.

Retains

The portion of earnings that a company decides to keep or retain rather than distribute to shareholders in the form of dividends.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in the form of cash or stock.

Shares Outstanding

The total number of a company's shares of stock that are owned by shareholders, including both public investors and restricted company insiders.