Which of the Following Is the Best Definition of a Declaration

question 207

Multiple Choice

Which of the following is the best definition of a declaration date?

• A) Date on which the board of directors passes a resolution to pay a dividend.
• B) Date on which holders of record are designated to receive a dividend.
• C) Date of the dividend payment.
• D) Payment made out of a firm's earnings to its owners, either in the form of cash or stock.
• E) Payment made by a firm to its owners from sources other than current or accumulated earnings.

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Definitions:

Selection Tools

Instruments and methods used by organizations to identify and choose the most suitable candidates for a position, including interviews, tests, and assessment centers.

Practical Value

The usefulness or applicability of something in real-world situations, often in terms of solving problems or achieving goals.