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Kim Is on a Training Program to Upgrade His Electronics

question 29

Multiple Choice

Kim is on a training program to upgrade his electronics skills. On weekends he goes to a local college and is led by an experienced technician who shows him how to run wires and fix machines. In the evenings he learns theory and completes quizzes though an online training site. Which of the following is this an example of?


Definitions:

Share Capital

The money that a company raises through the issue of shares, representing the capital invested by shareholders.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings.

Balance Date

The specific date at which the financial position of a company is measured and reported, often the end of the fiscal year.

AASB 137

A standard issued by the Australian Accounting Standards Board that deals with the accounting for provisions, contingent liabilities, and contingent assets.

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