Examlex
Which of the following statements correctly specifies three interfaces?
Financing Activities
Transactions and events that affect the equity and long-term liabilities of a company, including issuing shares, repaying loans, and paying dividends.
Cash Dividends
Payments made by a corporation to its shareholders from its profits or reserves, distributed in the form of cash.
Financing Activities
Transactions and business events that involve raising funds to support company operations, investing activities, and shareholder returns, typically through borrowing or issuing equity.
Accounts Payable
The amount a company owes to suppliers or creditors for goods and services purchased on credit, represented as a liability on the balance sheet.
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