_____ Refers to Higher Grades Given for the Same Work

question 9

Multiple Choice

_____ refers to higher grades given for the same work.

• A) Social promotion
• B) Grade inflation
• C) Rising standards
• D) Grade deflation

---

Definitions:

Dividends Payable

Dividends payable are a liability on a company's balance sheet representing the amount of dividends that the company has declared but has not yet paid out to its shareholders.

Dividends Expense

The sum distributed from a portion of a company's earnings to its shareholders; often associated with preference shares.

Common Stock Dividend Distributable

Stockholders’ equity account that accumulates a stock dividend that has been declared but not yet issued and distributed.

Paid-in Capital

The amount of money that a company has received from shareholders in exchange for shares of stock.