Budke Corporation Paid Dividends of $5,000

question 185

Multiple Choice

Budke Corporation paid dividends of $5,000.As a result of this event, the

• A)Dividends account was increased by $5,000.
• B)Dividends account was decreased by $5,000.
• C)Cash account was increased by $5,000.
• D)Cash account was increased and the Dividends account was decreased by $5,000.

---

Definitions:

External Data

Information that originates outside the organization and is used for analysis or decision making.

Economic Analyses

The systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints.

Numerical Values

Quantitative data represented by numbers.

Metric

A standard unit of measurement or a quantifiable indicator used to assess, compare, or track performance or efficiency.