When Does a Company Record Dividends Payable

question 15

Multiple Choice

When does a company record dividends payable?

• A)On date of record.
• B)On ex-dividend date.
• C)On payment date.
• D)On declaration date.

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Definitions:

Yes/No Data Type

A binary data type often used in databases and software programming to represent a truth value, typically storing values equivalent to true/false or yes/no.

Default Value

A value automatically assigned to a database field, variable, or parameter if no value is provided by the user.

Subdatasheet

A feature in database applications that allows for displaying a datasheet within another datasheet, enabling a hierarchical view of related data.

One-to-many Relationship

A situation in database design where a record in one table can relate to many records in another table, showing a hierarchical association.