The Net Effects on the Corporation of the Declaration and Payment

question 106

Multiple Choice

The net effects on the corporation of the declaration and payment of a cash dividend are to

• A)decrease liabilities and decrease stockholders' equity.
• B)increase stockholders' equity and decrease liabilities.
• C)decrease assets and decrease stockholders' equity.
• D)increase assets and increase stockholders' equity.

---

Definitions:

Short-term Stress Reduction

Temporary methods or techniques used to decrease stress and enhance well-being.

Voluntary Certification

An optional credentialing process by which individuals or organizations seek official recognition of their skills and competencies in various fields.

Work-life Balance

The equilibrium between professional duties and personal activities, aiming for fulfillment in both areas without significant conflict.

Ontario

A province located in east-central Canada, known for being the most populous province and housing the nation's capital, Ottawa, as well as its largest city, Toronto.