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Which of the following statements in relation to dividends is true?
Protecting Assets
Implementing security measures to safeguard a company’s tangible and intangible assets from loss, theft, or damage.
Reliable Accounting
Accounting practices that are consistently accurate and trustworthy, providing a true and fair view of an organization's financial situation.
Internal Control Principle
Guidelines and procedures designed to safeguard assets, enhance the accuracy and reliability of accounting records, and ensure compliance with laws and regulations.
Adequate Records
Comprehensive and accurate documentation of financial transactions necessary for accounting and tax compliance.
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