On November 1, 2014, Oster Company Declared a Dividend of $3.00

question 161

Multiple Choice

On November 1, 2014, Oster Company declared a dividend of $3.00 per share. Oster Company has 20,000 shares of common stock outstanding and no preferred stock. Which of the following is the journal entry needed to record the declaration of dividends?

• A) Debit Dividends payable $60,000 and credit Retained earnings $60,000.
• B) Debit Retained earnings $60,000 and credit Cash $60,000.
• C) Debit Retained earnings $60,000 and credit Dividends payable $60,000.
• D) Debit Cash $60,000 and credit Dividends payable $60,000.

Identify the role of active surveillance in responding to disease outbreaks.

Differentiate between the numerator and denominator in calculations of incidence rates.

Apply epidemiological data to calculate incidence rates within specific populations.

Understand the characteristics of well-developed and salutary goals.

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Definitions:

Persistence of Effort

The sustained and continuous application of effort towards a goal despite challenges or obstacles.

Need Satisfaction

The fulfillment of a desire or requirement, especially as it pertains to consumer demands or employee expectations.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, from physiological needs to self-actualization.

Esteem Needs

A concept in Maslow's hierarchy of needs referring to the human desire for respect, self-esteem, and recognition from others.