Which of the Following Is a Flow Variable

question 45

Multiple Choice

Which of the following is a flow variable?

• A) Savings
• B) Wealth
• C) Consumption
• D) Population

Appreciate the role of the balanced scorecard in augmenting financial measures with future financial performance indicators for continuous improvement.

Comprehend the role of managerial accounting in analysis, planning, and control of costs.

Understand the principles of total quality management and its focus on continuous improvement.

Distinguish between the focuses of financial and managerial accounting in terms of organizational level.

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Definitions:

Stock Split

A corporate action that increases the number of a company’s outstanding shares by dividing each share, which in turn reduces the price per share.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which is the legal capital per share.

Market Value

The current quoted price at which an asset or service can be bought or sold in an open market.

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by issuing more shares to current shareholders.