Derek Has a Bachelor's Degree in Accounting and Additional Training

question 301

True/False

Derek has a bachelor's degree in accounting and additional training in tax law. He is responsible for preparing tax returns and developing tax strategies for his employer, and has done so for the past seven years. Derek is a certified government accountant.

---

Definitions:

Cash Dividend

A disbursement by a company to its stockholders, typically coming from earnings.

Board of Directors

A group of individuals elected by the shareholders of a corporation to oversee and make major decisions regarding the company's affairs.

Market Value

Market value is the current price at which an asset or service can be bought or sold in the open market.

Sufficient Cash

A condition where a company has enough liquid funds to meet its immediate and short-term obligations.