Instructions: Identify the Following

question 58

Short Answer

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Minor v. Happersett

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Definitions:

AASB 101

The Australian Accounting Standards Board statement that outlines the presentation of financial statements.

Share Capital

The capital raised by a company through the issuance of shares, representing the sum of the par value of these shares.

Disclosure

A requirement by corporations to provide shareholders and the public with accurate financial information, revealing the full financial performance and risks of the firm.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.