If a Business Declared and Paid a $500 Dividend, It

question 28

Multiple Choice

If a business declared and paid a $500 dividend, it would appear on which of the following?

• A) Income statement only.
• B) Statement of financial position only.
• C) Statement of changes in equity and the statement of cash flows.
• D) Statement of changes in equity only.

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Definitions:

Chi-square Value

A statistical measure used to determine if a significant difference exists between the frequencies of observed and expected outcomes in one or more categories.

Respondents

Individuals who answer or respond to a survey or questionnaire.

Variable

A characteristic, number, or quantity that can be measured or quantified and can vary among subjects or over time.

Significance Level

The probability of rejecting the null hypothesis when it is actually true, often denoted by alpha and used in statistical hypothesis testing.