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The Protection of Tangible Items, Objects, or Areas from Unauthorized

question 70

Multiple Choice

The protection of tangible items, objects, or areas from unauthorized access and misuse is known as ___________.


Definitions:

Fixed Assets

Long-term tangible property owned by a business that is used in producing goods and services.

Retained Earnings

The portion of net income that is retained by a company rather than distributed to its shareholders as dividends.

Dividend Policies

Strategies a corporation adopts for allocating its profits to shareholders in the form of dividends.

Target Payout Ratio

A percentage that represents the amount of earnings a company decides to distribute to its shareholders in the form of dividends.

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