The Classification and Normal Balance of the Dividend Account Is

question 68

Multiple Choice

The classification and normal balance of the dividend account is

• A) revenue with a credit balance.
• B) an expense with a debit balance.
• C) a liability with a credit balance.
• D) shareholders' equity with a debit balance.

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Definitions:

Influence

The capacity or power to affect or shape the behavior, development, character, or decisions of others or the outcome of events.

Power

The ability to influence or control the behavior of people, institutions, or events.

Political Behaviour

Actions within an organization that are aimed at using power and influence to obtain personal or organizational goals.

Leadership

The ability to guide, influence, or direct individuals or groups towards achieving set goals or objectives.