On 1 November 2013, Oster Company Declared a Dividend of $3.00

question 108

True/False

On 1 November 2013, Oster Company declared a dividend of $3.00 per share. Oster Company has 20 000 ordinary shares outstanding, and no preference shares. The date of record is 15 November, and the payment date is 30 November 2013. No journal entry is made on the date of record.

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Definitions:

Phenomenology

A philosophy or method of inquiry based on the premise that reality consists of objects and events ("phenomena") as they are perceived or understood in human consciousness, and thus the study of those phenomena.

Person-centered Intervention

A counseling approach that emphasizes the importance of providing a supportive environment to enable clients to lead their own path to self-discovery and personal growth.

Empathy

The ability to understand and share the feelings of another from their perspective; it is central to effective communication and to building relationships.

Philosophical Reasons

The underlying rational concepts or thoughts that explain why something is done or believed in.