Which of the following causes a change in the amount of cash held by a company?
A) Write-off of a bad debt
B) Declaration of a cash dividend
C) Payment of a cash dividend declared in a previous period
D) Declaration and issuance of a stock dividend

Question

Quizplus · Accepted Answer

The payment of a cash dividend declared in a previous period results in an outflow of cash, thus changing the amount of cash held by the company.

Which of the Following Causes a Change in the Amount