____ Means Relevant and Important

question 24

Multiple Choice

____ means relevant and important.

• A) Exact
• B) Specific
• C) Pertinent
• D) Didactic

---

Definitions:

Fixed Assets

Long-term tangible assets that a company uses in its operations and is not expected to consume or sell within a year.

Dividends

Payments made by a corporation to its shareholder members, distributing earnings.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically comprising the balance sheet, income statement, and cash flow statement.

Accounting Figures

Quantitative values or financial numbers that are recorded from business transactions in the financial statements.