Assets Are the Resources of a Company and Are Expected

question 107

True/False

Assets are the resources of a company and are expected to yield future benefits.

---

Definitions:

Dividend Policy

A company's strategy outlining how often dividends will be paid to shareholders and in what amount.

Cash Dividend

A cash dividend refers to a distribution of a company's earnings to its shareholders as cash.

Total Liabilities

The combined financial obligations or debts a company owes to external parties.