The Net Effects on a Corporation of the Declaration and Payment

question 31

Multiple Choice

The net effects on a corporation of the declaration and payment of a cash dividend are to

• A)increase assets and increase stockholders' equity.
• B)decrease liabilities and decrease stockholders' equity.
• C)decrease assets and decrease stockholders' equity.
• D)increase stockholders' equity and decrease liabilities.

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Definitions:

Layers of Organizational Culture

The different levels at which organizational culture manifests, including artifacts (visible elements like dress code), espoused values (organization’s stated values and rules), and underlying assumptions (unconscious, taken-for-granted beliefs).

Visible

Easily seen or perceived, readily attracting attention or becoming apparent.

Organizational Socialization

The process through which new employees learn the knowledge, skills, and behaviors necessary to function effectively within an organization.

Acculturation

The process by which individuals adopt the cultural traits or social patterns of another group.