The Declaration Date for a Dividend Is the Date on Which

question 95

Multiple Choice

The declaration date for a dividend is the date on which the company:

• A)debits Dividends Declared and credits Dividends Payable for the amount of the dividend.
• B)debits Dividend Expense and credits Cash for the dividend amount.
• C)debits Dividends Payable and credits Cash for the dividend amount.
• D)establishes who will receive the dividend payment.

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Definitions:

Bredt's Rule

A principle in organic chemistry stating that bridgehead carbon atoms cannot possess double bonds if the ring system is small due to excessive angle strain.

2-Butanol

An organic chemical compound, a secondary alcohol, with the formula CH3CH(OH)CH2CH3, characterized by a hydroxyl group attached to the second carbon of a butane chain.

Butane

A gas compound known as C4H10, which can be found in two different structural variations, utilized for fuel and cooling purposes.

Dehydrohalogenation

A chemical reaction in which a halogen atom and a hydrogen atom are removed from an organic molecule, forming an alkene.