The Date Two Business Days Prior to the Date on Which

question 53

Multiple Choice

The date two business days prior to the date on which all shareholders of record receive a payment is called the ________ date.

• A) declaration
• B) record
• C) ex-dividend
• D) distribution

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Definitions:

Bureaucracy

A system of government or business with many complicated rules and ways of doing things, often involving multiple levels of administration and a strict hierarchy.

Primary Groups

Social groups, such as family and close friends, characterized by intimate, face-to-face association and cooperation.

Norms

Socially accepted rules or standards that dictate expected behavior in specific situations or groups.

Roles

The behaviors, responsibilities, and expectations assigned to individuals in specific positions within social, professional, or familial contexts.