On the ________,Cash Dividends Become a Liability of a Corporation

question 139

Multiple Choice

On the ________,cash dividends become a liability of a corporation.

• A) declaration date
• B) date of record
• C) last day of the fiscal year
• D) payment date

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Definitions:

Positive Value

A number greater than zero.

Z

Often referred to in statistics as a standard score, it represents the number of standard deviations a data point is from the mean.

Standard Normal Distribution

A probability distribution that has a mean of zero and a standard deviation of one, representing a perfect bell curve.

Continuous Probability Distributions

Mathematical functions that represent the probabilities of all possible values in an unbroken (continuous) range.