Which of the Following Statements About Dividends Is Not Correct

question 87

Multiple Choice

Which of the following statements about dividends is not correct?

• A)Dividends represent a sharing of corporate profits with owners.
• B)Both stock dividends and cash dividends reduce Retained Earnings.
• C)Cash dividends paid to stockholders reduce net income.
• D)Dividends are declared at the discretion of the board of directors.

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Definitions:

Global Soft Power

The ability of a country to influence others through cultural or ideological means, rather than through military or economic coercion.

News Organizations

Entities that collect, report, and distribute news and information to the public through various media channels.

Globalization

Globalization is the process of increased interconnectedness and interdependence among countries, particularly in terms of economic, cultural, and political exchanges, facilitated by advances in communication and transportation technologies.

Populations

Groups of individuals belonging to the same species that live in a shared region and interbreed.