Financial Accounting

question 75

Multiple Choice

Financial accounting

• A)focuses on the future and includes activities such as preparing next year's operating budget.
• B)must comply with IFRS/ASPE.
• C)reports include detailed information on the various operating segments of the business such as product lines or departments.
• D)is prepared for the use of department heads and other employees.
• E)is primarily concerned with profitability analysis.

---

Definitions:

Risk Yield

The return on investment that compensates for the level of risk undertaken, with higher risk typically offering the potential for higher yield.

Total Return

The overall financial gain or loss on an investment over a period of time, including dividends, interest, and capital gains.

Annual Dividends

The total amount of dividend payments declared by a corporation in one fiscal year, distributed to shareholders on an annual basis.

Dividend Increase

A company's action to raise the amount of money paid to shareholders out of its profits on a per-share basis.