Which One of These Actions Could by Itself Have an Impact

question 12

Multiple Choice

Which one of these actions could by itself have an impact on the control of the company?

• A) A selective buy-back
• B) A special dividend payment
• C) A share split
• D) A regular cash dividend payment

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Definitions:

Adjusting Entry

Journal entries made at the end of an accounting period to allocate revenues and expenses to the period in which they actually occurred.

NSF Check

A Non-Sufficient Funds (NSF) check is a check that cannot be processed because the account it is drawn on does not have enough funds.

Adjusting Entry

An accounting entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Accounts Receivable

The money owed to a business by its customers for goods or services that have been delivered but not yet paid for.