On the Dividend Record Date

question 3

Multiple Choice

On the dividend record date

• A)a dividend becomes a current obligation.
• B)no entry is required.
• C)an entry may be required if it is a stock dividend.
• D)dividends payable is debited.

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Definitions:

Competitive Benchmarking

A process where a company measures its performance or processes against those of its competitors to identify improvements or strategies.

Industry Benchmarking

A process of measuring a company's performance, operations, or processes against the best practices from other companies within the same industry.

Process Benchmarking

The practice of comparing business processes and performance metrics to industry bests or best practices from other companies.

External Benchmarking

The process of comparing a company's performance or processes against those of other companies, typically industry leaders, outside the organization.