ACC331
California State University - Dominguez Hills
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ACC331-02 EXAM3 A,100% CORRECT
- Exam (elaborations) • 9 pages • 2020
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ACC331-02 EXAM3 A:	


•	1. Points:2
Which statement best represents the relationship between date of declaration, date of record and ex-dividend date, and date of payment, for a cash dividend.
a.The date of payment results in the biggest decrease in the current ratio. b.The date of record establishes the amount to be received.
c.The ex-dividend date establishes the decrease to cash.
d.The date of declaration establishes the increase to liabilities.

•
2.	Points:2
When a company is determinin...