The Declaration of Dividends

question 43

Multiple Choice

The declaration of dividends

• A)increases with a credit.
• B)decreases retained earnings.
• C)is necessary for proprietorships.
• D)is an expense account on the income statement.

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Definitions:

Federal Employment Laws

Regulations established by the federal government to protect the rights of workers and outline the responsibilities of employers.

Nonprofit Staff

Employees or workers who are part of a nonprofit organization, dedicated to furthering the organization’s objectives rather than earning profit.

Apply

To put into action or practice, often referring to the process of utilizing knowledge, principles, or techniques to address specific problems or achieve certain results.

Hawthorne Plant Experiments

A series of studies conducted in the 1920s and 1930s at the Western Electric Hawthorne Works in Chicago, which found that workers' productivity could be improved through changes in work conditions and social factors.