Which of the Following Determines When to Declare Dividends and in What

question 24

Multiple Choice

Which of the following determines when to declare dividends and in what amount?

• A) The stockholders.
• B) The officers of the corporation.
• C) The state in which the corporation was chartered.
• D) The board of directors.

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Definitions:

Standard Cost

A predetermined cost of manufacturing, purchasing, or using a product or service, used in budgeting and variance analysis.