Under the Cost Method of Accounting for Dividends

question 150

Multiple Choice

Under the cost method of accounting for dividends

• A) Revenue is credited when dividends are received.
• B) the Investment account is credited when the investee reports a net income.
• C) the Investment account is credited when dividends are received.
• D) Investment Revenue is credited when the investee reports a net income.

---

Definitions:

Prefrontal Lobotomy

A surgical procedure that was once used to treat mental illness, involving the removal or destruction of parts of the prefrontal cortex of the brain.

Antonio de Egas Moniz

A Portuguese neurologist who is credited with the development of cerebral angiography and the controversial prefrontal leucotomy.

Frontal Lobes

Areas of the brain located at the front of each cerebral hemisphere, responsible for executive functions, decision making, problem-solving, and moderating social behavior.

Psychosis

A mental disorder characterized by a disconnection from reality, often including delusions and hallucinations.