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:

Internal Combustion Engines

Engines in which fuel is burned within the engine itself to create power, commonly used in vehicles.

Nuclear Fission

A nuclear reaction in which a heavy nucleus splits into lighter nuclei, releasing energy in the process.

Nuclear Warheads

Explosive devices powered by nuclear reactions, capable of causing immense destruction when detonated.

Assimilation

The process by which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society.