An Investor Who Owns Stock on the Company's __________ Date

question 97

Multiple Choice

An investor who owns stock on the company's __________ date will receive the dividends declared.

• A)Ex-dividend
• B)Record
• C)With-dividend
• D)Payment

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Definitions:

General Journal

A primary accounting record used to record all financial transactions in chronological order.

Advance Premium

Payment made in advance for insurance coverage, often resulting in a discount or ensuring the policy remains active without interruption.

Workers' Compensation

An insurance scheme designed to provide medical assistance and compensate for lost wages to employees injured during their work.

General Journal

A primary accounting record where financial transactions are recorded in chronological order, before being posted to specific accounts in the general ledger.