Examlex
To prevent round-off errors,use the ____ function.
Cash Equivalents
Investments that are liquid and short-term, easily turned into a specific amount of cash, with their initial durations being three months or shorter.
Equity Securities
Financial instruments representing ownership interest in a company, such as stocks.
Long-Term Investments
Assets that a company intends to hold for more than a year, such as stocks, bonds, real estate, and investment in subsidiary companies, which are not easily converted into cash.
Dividend Income
Income received from owning shares in a company, typically paid out from the company's profits.
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