Which of the following dividends is not considered a current liability when declared?
A) property dividends
B) stock dividends
C) scrip dividends
D) cash dividends

Question

Quizplus · Accepted Answer

Stock dividends are not considered a current liability when declared because they do not involve the payment of cash or other assets. Instead, they represent a distribution of additional shares of stock to existing shareholders, which does not impact the company's current liabilities.

Which of the Following Dividends Is Not Considered a Current