Revenues Are

question 80

Multiple Choice

Revenues are

• A)Impacted by debits and credits in the same way that expenses are impacted by debits and credits.
• B)A subdivision of equity, providing information about why equity increased.
• C)Reported on the statement of financial position as a current item.
• D)All of the choices are correct regarding revenues.

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Definitions:

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout, increasing the total number of shares owned by shareholders.

Clientele Effect

Stocks attract particular groups based on dividend yield and the resulting tax effects.

Demand

The desire of purchasers, consumers, clients, or buyers for a product or service, combined with their willingness and ability to pay for it.

Dividend Payout

The portion of a company's earnings distributed to shareholders in the form of dividends.