Which of the Following Happens at the Date of Record

question 4

Multiple Choice

Which of the following happens at the date of record of a cash dividend?

• A)Dr.Dividends Declared,Cr.Dividends Payable
• B)Dr.Dividends Declared,Cr.Cash
• C)No entry is made in the accounts,but a list of shareholders entitled to receive the dividend is prepared.
• D)The board of directors approves the dividend but no entry is made in the accounts.

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Definitions:

Self-Handicapping

A cognitive strategy by which individuals avoid effort in the hopes of keeping potential failure from hurting self-esteem.

Anticipatory Excuses

Refers to justifications provided in advance of an action to preemptively excuse or rationalize possible failure or poor performance.

Social Psychological

Pertaining to the scientific study of how individuals think, feel, and behave in social contexts.

Social Categorization

The process of classifying people into groups based on shared characteristics such as nationality, race, or gender.