When the Board of Directors Declares a $500 Dividend,which of the Following

question 40

Multiple Choice

When the board of directors declares a $500 dividend,which of the following would be included in recording the transaction?

• A)increase in Retained Earnings,increase in Dividends Declared
• B)decrease in Cash,decrease in Dividends Payable
• C)increase in Dividends Declared,increase in Dividends Payable
• D)decrease in Dividends Payable,increase in Cash

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Definitions:

Alternative Solutions

Different approaches or methods to solve a problem or achieve a goal, offering options outside the conventional path.

Main Clause

An independent clause in a sentence that can stand alone as a complete thought because it contains a subject and a predicate.

Indirect Method

A communication strategy that involves implying or suggesting the main message rather than stating it outright.

Bad News

Unfavorable information or updates about situations or events, often requiring careful communication.