On May 1, CGI Corporation Declared Cash Dividends on Its

question 8

Multiple Choice

On May 1, CGI Corporation declared cash dividends on its common stock.The dividend was payable on May 15 to shareholders of record on May 5.On which date will CGI record a debit to retained earnings and a credit to cash?

• A)May 1
• B)May 5
• C)May 15
• D)None of these

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Definitions:

Environmental Sustainability

The practice of utilizing natural resources in a way that maintains ecological balance and does not deplete resources, ensuring the environment can support future generations.

Artificial Intelligence

A branch of computer science that aims to create systems capable of performing tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation.

Digitization

The conversion of text, pictures, or sound into a digital form that can be processed by a computer.

Mega Themes

Large-scale, overarching trends and shifts that influence business, technology, and society, shaping the future landscape of industries.