Ethical Crises Are Bad for Organization Reputation,but They Rarely Have

question 88

True/False

Ethical crises are bad for organization reputation,but they rarely have any financial consequences.

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Definitions:

Dividends Payable

A liability account listed on a company's balance sheet representing the amount of declared dividends that are owed to shareholders.

Cash Dividend

A payment made by a company out of its profits to its shareholders in the form of cash.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of stock rather than cash.

Common Stock Dividend Distributable

A liability recorded on a company's balance sheet for dividends declared but not yet paid to shareholders.