When assets are distributed to the shareholders of a corporation, these distributions are termed
A) depletions.
B) consumptions.
C) dividends.
D) a credit line.

Question

Quizplus · Accepted Answer

When assets are distributed to the shareholders of a corporation, these distributions are termed dividends. The other options, depletions, consumptions, and a credit line, do not accurately describe this distribution of assets to shareholders.

When Assets Are Distributed to the Shareholders of a Corporation