Which of the Following Is Not a Substantive Test of Details

question 47

Multiple Choice

Which of the following is not a substantive test of details for dividends?

• A)Calculation of the dividend payout ratio.
• B)Examination of the minutes of the board of directors' meetings for authorization of the dividend per share amount.
• C)Examination of the minutes of the board of directors' meetings for the dividend record date.
• D)Agreement of the dividend amount with the payment in the cash disbursements journal.

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Definitions:

Colic

A condition characterized by frequent, prolonged, and intense crying or fussiness in a healthy infant without an obvious cause.

Second-Hand Smoke

Smoke that is not directly inhaled by a smoker but is exhaled into the environment, posing health risks to others.

Apneic

Referring to apnea, a momentary pause in breathing that occurs particularly while sleeping.

Vigorously

In a way that involves physical strength, effort, or energy; intensely.