Examlex
Which of the following statements is NOT true?
Commission
Commission refers to a fee paid for services or a percentage of sales earned by sales employees or agents on the transactions they facilitate.
Cash Dividends
A form of profit distribution by a corporation to its shareholders, paid in cash from the company's current or retained earnings.
Trading Securities
Financial assets that are purchased by an entity not for long-term investment but rather with the intention to sell them in the near term to make a profit.
Fair Value
The estimated market value of an asset or liability based on current market prices or valuations.
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