On the Dividend Record Date

question 5

Multiple Choice

On the dividend record date,

• A)a dividend becomes a current obligation.
• B)no entry is required.
• C)an entry may be required if it is a stock dividend.
• D)Dividends Payable is debited.

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Definitions:

Count

To determine the total number of objects in a group or series by assigning each one a consecutive number.

Attention Termination

The process of concluding or discontinuing focus on a specific object, task, or stimulus after a period of concentration.

Sustained Attention

The ability to focus cognitive activity on a specific object, task, or activity for a prolonged period of time without becoming distracted.

Stimulus Orienting

The act of focusing one's attention on a particular element within the surroundings.