The Declaration of a Cash Dividend by the Directors Results

question 27

Multiple Choice

The declaration of a cash dividend by the directors results in:

• A)a decrease in cash and a decrease in retained earnings.
• B)a decrease in retained earnings and an increase in current liabilities.
• C)a decrease in net income and a decrease in cash.
• D)a decrease in net income and an increase in current liabilities.

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Definitions:

Unconscious Evaluations

Assessments or judgments made without conscious awareness, often influencing preferences, decisions, and behaviors based on implicit biases.

Mere Exposure Effect

The tendency for people to come to like things simply because they see or encounter them repeatedly.

Ingroup Members

People who belong to the same group or category as we do.

Outgroup Members

People who belong to a different group or category than we do.