During logic modeling, the normalized data requirements from all user interfaces are combined into one consolidated logical database model

Which of the following is true about dividends?

A) Dividends are paid at the discretion of the shareholders. B) Dividends cannot be used for corporate purposes. C) Dividends are paid to shareholders who have sold their shares prior to the record date. D) Dividends once declared, cannot be revoked.

The percent-of-sales method is more detailed than the cash budget method

Indicate whether this statement is true or false.