Examlex

Solved

Through _____, Active Measures Are Taken in Advance of a Potentially

question 33

Multiple Choice

Through _____, active measures are taken in advance of a potentially stressful situation in order to prevent its occurrence or to minimize its consequences.


Definitions:

Accounts

Financial records of a company's transactions, maintaining detailed information about revenue, expenses, assets, liabilities, and equity.

Dividends Declared

Profits that a company's board of directors has decided to distribute to its shareholders, usually in the form of cash payments or additional shares.

Shareholders' Equity

The remaining value of a company's assets after liabilities are subtracted, which signifies the ownership stake of the shareholders.

Debits

An accounting entry that increases an asset or expense account, or decreases a liability or equity account.

Related Questions