The Beginning of Management as a Field of Study Dates

question 44

Multiple Choice

The beginning of management as a field of study dates approximately to the:

• A) late 19th century.
• B) early 18th century.
• C) 1960s.
• D) 1980s.

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Definitions:

Cumulative Preferred Stock

Stock that has a right to receive regular dividends that were not declared (paid) in prior years.

Par Value

The nominal or face value assigned to a share of stock or bond, typically used in accounting as a base value rather than market value.

Dividend Liability

Refers to the amount a company owes to its shareholders after the board of directors declares a dividend but before the company has actually paid it.

Date of Declaration

The specific date on which a company's board of directors announces its intention to pay a dividend to shareholders.