If a Dividend Is Declared and Paid by a Subsidiary

question 31

Multiple Choice

If a dividend is declared and paid by a subsidiary in the current period after its acquisition by the parent, from the outlook of the group:

• A)No dividend has been paid.
• B)A dividend has been paid.
• C)A liability increases.
• D)Revenue has been received.

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Definitions:

DDT

A synthetic pesticide once widely used for controlling insects, later banned in many countries due to environmental and health concerns.

Vietnam War

A conflict from 1955 to 1975 involving North Vietnam, supported by its communist allies, and South Vietnam, backed by the United States, resulting in significant human and economic losses.

Letter From Birmingham Jail

An open letter written by Martin Luther King Jr. in 1963, advocating for civil rights and expressing the importance of nonviolent protest.

Jim Crow

Refers to a set of laws and practices in the southern United States that enforced racial segregation and discrimination against African Americans after the Civil War.