The Date on Which a Cash Dividend Becomes a Binding

question 187

Multiple Choice

The date on which a cash dividend becomes a binding legal obligation is on the

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

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Definitions:

Aboriginals

Indigenous peoples to a specific region, often recognized as the first inhabitants of their respective areas.

Contingent Workers

Employees who do not have long-term contracts but are hired on a temporary basis, often to meet seasonal demands or short-term projects.

HR Costs

Expenses associated with the human resources department, including recruitment, salaries, benefits, and training.

HR Forecasting

Determining the net requirement for human capital by assessing the demand for and supply of human resources now and in the future.