Dividend Policy Is the Time Pattern of Dividend Payout

question 148

True/False

Dividend policy is the time pattern of dividend payout.

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Definitions:

Identified

Recognized or determined to be a particular entity or object, especially through specific characteristics or methods.

Transfer

The act of moving or passing an asset, title, right, or property from one party to another.

Signature

Under the Uniform Commercial Code, “any symbol executed or adopted by a party with a present intention to authenticate a writing.”

Time For Payment

The specific period designated for the remittance of funds owed under a contract or agreement.