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-The figure above shows a
GAAP
Generally Accepted Accounting Principles, a framework of accounting standards, principles, and procedures from which financial statements are prepared in the United States.
Cumulative
Pertaining to an aggregate or total amount added up over time, often used in context with dividends that are accumulated if not paid out.
Noncumulative
A term often used in dividends policy, indicating that if a dividend is not paid out, it doesn't accumulate for future payment.
U.S. GAAP
United States Generally Accepted Accounting Principles, which constitute the framework of guidelines for financial accounting used in the US.
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