Both Interest and Dividends Paid by a Corporation Are Deductible

question 116

True/False

Both interest and dividends paid by a corporation are deductible operating expenses,hence they decrease the firm's taxes.

---

Definitions:

Personal Reference

A recommendation provided by someone who knows you personally, rather than professionally, attesting to your character and abilities.

Transformational Leadership

A leadership approach that causes change in individuals and social systems, characterized by inspiring followers to exceed their own interests for the good of the organization or cause.

Authentic Leaders

Individuals who lead with authenticity, transparency, and integrity, fostering trust and respect among followers.

Ethical Role Models

Individuals admired for their ability to make moral choices and demonstrate ethical behavior, inspiring others to follow similar principles.