Examlex
The _____ the distance between the time of the event and the time the client knows about the events, the greater _____.
Retained Earnings
Retained earnings are the portion of a company's profits that is kept or retained within the business for reinvestment or to pay debt, rather than being distributed to shareholders as dividends.
Liability
A company's legal financial debts or obligations that arise during the course of business operations.
Dividends
Regular payments made by a corporation to its shareholders out of its profits or reserves.
Shareholders
Persons or organizations that possess stock in a corporation, thus holding a stake in the business.
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