Dividends Paid to Shareholders

question 56

Multiple Choice

Dividends paid to shareholders:

• A) increase expenses.
• B) decrease retained earnings.
• C) increase assets.
• D) decrease income.

---

Definitions:

Job Cost Sheet

A document used to track the expenses associated with a specific job or project, including materials, labor, and overhead costs.

Cost Ledger

A subsidiary ledger containing all cost-related information, including direct and indirect costs ledgers, for a company.

Service Business

A business model focused on delivering non-physical products or services to its consumers.

Overhead

The indirect costs or expenses associated with operating a business, including administrative, office, and rented space expenses.