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hw help will upvote QUESTION 33 Which of the following statements is FALSE? The dividend liability for a cash dividend is created on the declaration

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QUESTION 33 Which of the following statements is FALSE? The dividend liability for a cash dividend is created on the declaration date. The dividend payment date is when the dividend liability is reduced, The dividend liability for a cash dividend is created on the record date. The date of record is irrelevant with respect to recording of a liability pertaining to a cash dividend. QUESTION 34 Which of the following statements correctly describes a treasury stock transaction? A treasury stock purchase for more than the amount of the stock's original issue cost results in a decrease in total stockholders' equity. A treasury stock purchase for an amount equal to the amount of the stock's original issue cost results in no change to total stockholders' equity A treasury stock purchase for more than the amount of the stock's original issue cost results in an increase in total stockholders' equity. A treasury stock purchase for less than the amount of the stock's original issue cost results in an increase in total stockholders' equity. QUESTION 35 Which of the following is NOT a long-term liability? Long-term notes payable Mortgages payable Bonds payable Current maturities of long-term obligations QUESTION 36 Financing activities involve issuing debt. lending money acquiring investments. acquiring long-lived assets

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