Examlex
Formative and summative are different because formative evaluation focuses on:
Bonds Payable
Bonds payable are long-term debt instruments issued by corporations or governments to raise capital, where the issuer agrees to pay back the principal along with interest at a specified date.
Cash Dividends
Profits distributed by a corporation to its shareholders in the form of cash.
Common Stock
A type of equity security that represents ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.
Operating Activities
Activities that relate directly to the primary revenue-generating operations of an organization, detailed in the cash flow statement.
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