Which Statement Is incorrect

question 23

Multiple Choice

Which statement is incorrect?

• A)Dividends represent a distribution by a corporation to its stockholders.
• B)Dividends are shown on the income statement.
• C)Dividends reduce stockholders' equity, thus the Dividends account increases on the left side.
• D)The Dividends account has a normal debit balance.

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Definitions:

Ideal Self

An individual's conception of themselves in terms of how they ideally wish to be.

Actual Self

The representation of the attributes someone or others believe the person actually possesses.

'Voice' Behaviour

Expressive and assertive communication of ideas, opinions, and feelings intended to improve conditions.

'Exit' Behaviour

Actions taken by individuals to leave or disassociate from a group or social setting, often as a way to express dissatisfaction or to avoid conflict.