When You Believe in What You're Doing and Make a Strong

question 133

Multiple Choice

When you believe in what you're doing and make a strong personal commitment to your business,you are displaying:

• A)a creative commitment to business management.
• B)a proper attitude toward business ownership.
• C)basic business know-how.
• D)an ethical attitude toward business conduct.

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Definitions:

Stock Dividend

A dividend payment made to shareholders in the form of additional shares, rather than cash, based on the proportion of shares already held.

Common Stock

A type of equity security that represents ownership in a corporation, giving shareholders the right to vote on corporate matters and receive dividends.

Dividend Payable

A liability reported on a company's balance sheet for dividends declared by the board of directors but not yet paid out to shareholders.

Retained Earnings

The portion of net income not distributed as dividends but retained by the company to reinvest in its core business or to pay debt.