On Which of the Following Dates Do Dividends Become a Liability

question 21

Multiple Choice

On which of the following dates do dividends become a liability of a company?

• A)On the date of record
• B)On the declaration date
• C)At the end of the financial year
• D)On the payment date

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Definitions:

Cultures

The collective set of customs, beliefs, arts, social institutions, and achievements of a particular nation, people, or other social groups.

Dynamic Trait

A characteristic or quality of an individual that is in constant change, growing or declining over time.

Surface Trait

Observable qualities or characteristics of personality that can easily be inferred from behavior.

Constitutional Trait

A characteristic or feature of an individual's physical or psychological makeup that is considered to be largely influenced by genetic inheritance.