Examlex

Solved

When Attribute(s)are Associated with a Combination of Entity Types Instead

question 56

Short Answer

When attribute(s)are associated with a combination of entity types instead of a single entity type,this relationship is usually (but not always)a(n)________________ relationship.


Definitions:

Dividends

Payments made by a corporation to its shareholder members from the profits or reserves available for distribution, reflecting a share in the company's earnings.

Profit/(Loss)

The financial result of business operations, calculated as revenues minus expenses. A positive figure indicates profit, while a negative figure indicates loss.

General Reserve

Funds set aside out of profits by a company to strengthen the financial position and to meet future unknown liabilities or losses.

NCI Journal

Journal entries related to Non-Controlling Interest, representing the equity in a subsidiary not attributable to the parent company.

Related Questions