If Dividends Are Declared and Paid in the Same Accounting

question 30

Multiple Choice

If dividends are declared and paid in the same accounting period, what is the net effect on the accounting equation?

• A) a decrease in retained earnings and an increase in expenses
• B) a decrease in cash and an increase expenses
• C) a decrease in cash and an increase in retained earnings
• D) a decrease in cash and a decrease in retained earnings

---

Definitions:

Depressive Symptoms

Signs of depression, including persistent sadness, loss of interest in activities, changes in sleep or appetite, and feelings of worthlessness.

Alzheimer's Patients

Individuals diagnosed with Alzheimer's disease, a progressive neurological disorder that results in memory loss, cognitive decline, and ultimately, loss of ability to perform everyday activities.

Early-Onset

Referring to the occurrence of a disease or condition at an earlier age than is typical or expected.

Genetic Defect

An abnormality in the genetic material (DNA) that may lead to diseases or malformations.