Which of the Following Would Result When a Company Pays

question 11

Multiple Choice

Which of the following would result when a company pays a previously declared cash dividend?

• A)Current liabilities are reduced and a financing cash flow is created.
• B)Stockholders' equity is reduced and a financing cash flow is created.
• C)Current assets are reduced and an investing cash flow is created.
• D)Stockholders' equity is reduced and an investing cash flow is createD.Declaring a dividend creates a dividend payable.Paying the dividend reduces this current liability account.Paying dividends are classified as financing cash flows.

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Definitions:

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature in the workplace or academic setting.

Harassment Claim

A formal accusation or report of unwanted and offensive behavior, often occurring in the workplace or educational settings, that creates a hostile environment.

Promotion

The act of advancing someone to a higher position or rank, often associated with increased responsibilities and benefits.

Hostile Work Environment

A situation in which an employee experiences workplace harassment or unwelcome conduct that is severe or pervasive enough to create a toxic atmosphere.