The Date on Which the Board of Directors of a Company

question 86

Multiple Choice

The date on which the board of directors of a company authorizes the dividend is called the ________ date.

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

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Definitions:

Normative

Normative refers to standards or norms that are used to guide, control, or regulate behavior and beliefs within a society.

Pursuit

The act of following or chasing after something with the goal of catching or achieving it.

Egoism

An ethical theory that treats self-interest as the foundation of morality.

Well-Being

A comprehensive term that encompasses the physical, mental, and emotional health and prosperity of an individual or community.