The Date of Record Is the Date That Directors Vote

question 75

True/False

The date of record is the date that directors vote to pay a cash dividend to shareholders.

---

Definitions:

1890s

The decade spanning from 1890 to 1899, marked by industrial growth, colonial expansion, and significant cultural development in literature and the arts.

Bad Governance

The ineffective, inefficient, or dishonest administration of public affairs, often characterized by a lack of transparency, accountability, and responsiveness.

Gilded Age

A period in the late 19th century characterized by rapid economic growth, technological advancement, and stark social inequalities in the United States.

Political Machines

Organizations led by a single boss or small group, which command enough votes to maintain political and administrative control of a city, state, or country.