Dividends Declared

question 29

Multiple Choice

Dividends declared:

• A)Reduce retained earnings.
• B)Increase retained earnings.
• C)Reduce net income.
• D)Increase net income.

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Definitions:

Rigid

Referring to something that is inflexible or strict, with no room for adjustment or deviation.

Static Organizations

Refer to organizations that maintain stable structures, processes, and strategies over time, resisting change and innovation.

Information Technology (IT)

involves the use of computers, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Democratizes

The process of making systems, processes, or information accessible and participatory to all, often involving the distribution of power away from a central authority.