If Preference Shares Are Cumulative, the

question 114

Multiple Choice

If preference shares are cumulative, the

• A) preference dividends not declared in a given year are called dividends in arrears.
• B) preference shareholders and the ordinary shareholders receive equal dividends.
• C) preference shareholders and the ordinary shareholders receive the same total dollar amount of dividends.
• D) ordinary shareholders will share in the preference dividends.

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Definitions:

Appreciation

The recognition and valuing of the positive aspects or contributions of people, objects, or situations, often leading to increased esteem or value.

Similarities

The aspects, characteristics, or qualities that two or more entities share in common.

Leaking Pipeline

Leaking pipeline is a phrase coined to describe how women have not reached the highest levels of organizations.

Organizations

Groups of individuals structured and managed to pursue collective goals or perform specific functions or services.