Accountants Record ________

question 57

Multiple Choice

Accountants record ________.

• A) economic recessions
• B) estimated future transactions
• C) only those events that have dollar amounts than can be measured reliably
• D) the $20,000 increase in value of a building that actually costs $50,000 but could be sold for $70,000

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Definitions:

Dividends

Money distributed to shareholders by a corporation, usually from the company's profits.

Business Expense

Costs incurred in the ordinary course of business, including salaries, rent, and office supplies, among others.

Dividend Growth Rate

The yearly percent increase in a corporation's dividends for each share.

Discount Rate

The interest rate used to discount future cash flows to their present values, often reflecting the risk or the cost of capital associated with an investment.