Use the Following Information for Questions

question 74

Multiple Choice

Use the following information for questions
On July 15, 2012, the board of directors of George Easton Limited declared a cash dividend of $0.50 per share on 84,000 common shares. The dividend is to be paid on August 15, 2012, to shareholders of record on July 31, 2012.
-The journal entry to be recorded on July 15, 2012, will include a

• A)debit to Dividends Payable.
• B)debit to Cash Dividends.
• C)credit to Cash.
• D)credit to Retained Earnings.

Identify different forms of digital communication and their purposes.

Distinguish between various types of e-commerce.

Recognize the role and impact of social networking sites and professional networks in digital communication.

Understand the concepts of web security and privacy policies.

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Definitions:

Venue

The geographical location or jurisdiction where a legal case is tried, or the appropriateness of a location for litigating a particular case.

Geographic Neighborhood

A specific area or region within a town, city, or rural area defined by geographic boundaries for purposes of analysis, planning, or identification.

Policy

In insurance law, the contract between the insurer and the insured.

Federal Question

A legal issue involving the interpretation of the U.S. Constitution, federal laws, or treaties.