When Does a Company Record Dividends Payable

question 15

Multiple Choice

When does a company record dividends payable?

• A)On date of record.
• B)On ex-dividend date.
• C)On payment date.
• D)On declaration date.

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Definitions:

Trade Deficit

A scenario in which a nation imports more goods and services than it exports, leading to a negative trade balance.

Oil

A fossil fuel that is a primary source of energy for heating, transportation, and the production of many goods, playing a critical role in the global economy.

Trade Deficit

A situation in which a country's imports of goods and services exceed its exports, indicating that it is buying more from other countries than it is selling to them.

Exports

Items or services transferred from one country to another for commerce or trading.