Port, Inc paid a cash dividend on January 2 that had been declared prior to the end of its fiscal year. The entry to pay the dividend will
a. increase Cash and increase Cash Dividend Payable.
b. decrease Cash Dividend Payable and decrease Cash.
c. decrease Retained Earnings and increase Cash Dividend Payable.
d. decrease Cash Dividend Payable and increase Retained Earnings.
b
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Answer the following statements true (T) or false (F)
1.An organization’s strategy is a plan of action designed to achieve a particular set of objectives. 2.An organization’s vision is a statement laying out expectations of what the organization is going to do in order to become the organization that it has envisioned. 3.An organization following a cost leadership strategy will be most interested in minimizing all internal costs, including employee costs. 4.An organization following a differentiation strategy will be more concerned with employees who are flexible and adaptable, who have the ability to innovate and create new processes, and who can work in uncertain environments within cross-functional teams. 5.The mission statement refers to the way in which an organization groups its resources to accomplish the organization’s mission.
How is a mistake different from fraud?
What will be an ideal response?
Which of the following nouns is unbiased?
A) Mankind. B) Supervisor. C) Chairman.
Under the Model Act, who has the right to call a special meeting of the shareholders to vote on an emergency issue that cannot wait until the next annual meeting?
a. The board of directors and shareholders who own at least 10 percent of a company's stock b. Any group of shareholders that is at least 25 in number and holds 25 percent of a company's stock c. The board of directors and the CEO d. Only the board of directors