The Date on Which the Board of Directors Passes a Resolution

question 221

Multiple Choice

The date on which the board of directors passes a resolution authorizing payment of a dividend to the shareholders is the ____________ date.

• A) Ex-rights.
• B) Ex-dividend.
• C) Record.
• D) Payment.
• E) Declaration.

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Definitions:

Correlational Study

A research method that examines the relationship between two or more variables to determine if a change in one is associated with a change in others.

Retrospective Study

A research design that looks back in time to analyze data from past records to investigate a particular outcome or phenomenon.

Prospective Study

A research design that follows participants forward in time to examine the relationship between specific exposures and outcomes.

Clinical Trial

A research design that tests the effects of medical treatment. Many clinical trials are randomized controlled trials that allow researchers to determine whether a new treatment is or is not effective.