The Net Effect on the Corporation's Books of the Declaration

question 47

Multiple Choice

The net effect on the corporation's books of the declaration and payment of a cash dividend are to

• A) decrease liabilities and decrease shareholders' equity.
• B) increase shareholders' equity and decrease liabilities.
• C) decrease assets and decrease shareholders' equity.
• D) increase assets and increase shareholders' equity.

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Definitions:

World Health Organization

An international public health agency of the United Nations responsible for global health matters, including disease outbreaks and global healthcare standards.

Carrying Capacity

The largest number of individuals of a species that can be supported by an environment over an indefinite period, based on the resources it has available.

Species Diversity

The variety of different types of species in a particular region or ecosystem.

Living System

An organized group of biological structures demonstrating the characteristics of life, such as growth, reproduction, responsiveness, metabolism, and homeostasis.