Which one of the following dates is the date on which the board of directors votes to pay a dividend? (a) Record date (b) Declaration date (c) Ex-dividend date (d) Payment date (e) Settlement date

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 13MC: The date the board of directors votes to declare and pay a cash dividend is called the: A. date of...
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Which one of the following dates is the date on which the board of directors votes to
pay a dividend?
(a) Record date
(b) Declaration date
(c) Ex-dividend date
(d) Payment date
(e) Settlement date

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