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____ introduced the need for control cards, which defined the exact nature of each program and its requirements.
Fair Value Option
An accounting choice giving companies the opportunity to measure financial assets and liabilities at their fair values with changes reflected in the income statement.
Net Income
Net income represents the total earnings of a company once all costs, expenses, and taxes are deducted from its total revenue.
Dividends
Dividends are a portion of a company's earnings distributed to shareholders, usually in the form of cash payments or additional stock.
Equity Method
An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the net assets of the investee.
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