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

Question

Quizplus · Accepted Answer

Distributions of assets to the owners of a corporation are called dividends. Depletions typically refer to the reduction of natural resources, while consumptions are often used in the context of personal finance. A credit line is a type of borrowing arrangement.

When Assets Are Distributed to the Owners of a Corporation