Cash Dividends Become a Liability to a Corporation on the Date

question 206

True/False

Cash dividends become a liability to a corporation on the date of record.

---

Definitions:

Mass Movement

Forcible peristaltic movement of short duration, occurring only three or four times a day, which moves the contents of the large intestine.

Segmental Contraction

A type of muscle contraction that occurs in the digestive tract, helping move food through the intestines by constricting and relaxing sections of the muscle in a sequential manner.

Segmental Contractions

Contractions in the intestines that mix and move contents by periodically constricting sections of the organ while relaxing others.

Protein Digestion

Protein digestion is the process by which proteins are broken down into amino acids and smaller peptides by enzymes in the digestive system.