A Corporation's Net Income Receives More Attention Than Any Other

question 104

Multiple Choice

A corporation's net income receives more attention than any other financial statement item.Why?

• A)An upward trend in net income usually leads to dividends in the future.
• B)An upward trend in net income usually leads to higher stock prices in the future.
• C)An upward trend in net income usually leads to an unqualified audit opinion.
• D)A and B

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Definitions:

Input Mask

A predefined format imposed on data entry fields in software applications to ensure the data is entered in a specific format.

Delete Field

A process or action in database management and programming that involves removing a column of data from a table or database structure.

Table

In computing, a structured arrangement of data made up of rows and columns, commonly used in databases and spreadsheets.

Desktop Database

A database that is designed to run on a single computer or desktop, providing data storage and management for individual users or small groups.