Cash Dividends Are Not a Liability Until They Are Declared

question 203

True/False

Cash dividends are not a liability until they are declared by the board of directors.

---

Definitions:

Neurogenesis

Neurogenesis is the process of formation of new neurons in the brain, contributing to brain plasticity and regeneration.

Plasticity

the capacity of the brain to change and adapt in response to experience, injury, or environment, including the formation of new neural connections.

Environmental Influences

Factors stemming from the surrounding physical and social environment that affect an individual's behavior, development, and life outcomes.

Behavior Genetics

The study of genetic and environmental influences on behaviors.