Which of the Following Is True About Dividends

question 58

Multiple Choice

Which of the following is true about dividends?

• A) Cash or property dividends, once declared, can be revoked.
• B) Officers of the corporation may opt to retain profits for corporate purposes instead of as dividends.
• C) Shareholders can sue to recover undeclared and paid dividends.
• D) Dividends are paid at the discretion of the board of directors.

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Definitions:

Transmission Problem

Issues or malfunctions within the transmission system of a vehicle, affecting the transfer of power from the engine to the drive axle.

Variable Bleed

A feature in hydraulic or pneumatic systems allowing adjustable escape or release of fluid to control system pressure or response dynamically.

Proportioning Solenoids

Devices used in automotive braking systems to regulate the pressure between front and rear brakes, enhancing stability and control.

PWM Signal

A PWM (Pulse Width Modulation) signal is a method used in electrical control systems to regulate the amount of power delivered to a device by modifying the width of the pulse of the signal.