Click to watch the Tell Me More Learning Objective 3 video and then answer the questions below. 1. The date of is the date the board of directors formally authorizes the payment of the dividend. a. declaration b. record c. payment d. authorization 2. A stock dividend of a corporation. a, increases the assets and decreases the liabilities b. decreases the assets and increases the stockholders' equity c. increases the assets and decreases the total stockholders' equity d. does not change the assets, liabilities, or total stockholders' equity 3. The journal entry on the declaration date for a cash dividend would a, include a debit to Cash. b. include a credit to Cash. c. include a credit to Cash Dividends Payable. d. not require a journal entry. 4. In order to make their stock more attractive to investors, many corporations a. pay special dividends. b. pay quarterly cash dividends. c. refrain from paying cash dividends. d. pay extra dividends