Which of the Following Is a Current Liability

question 138

Multiple Choice

Which of the following is a current liability?

• A) Preferred dividends in arrears
• B) A dividend payable in the form of additional shares of stock
• C) A cash dividend payable to preferred stockholders
• D) All of these answers are correct.

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Definitions:

Capital Flight

The rapid movement of large sums of money or capital out of a country due to economic or political instability.

World Bank

A global financial organization that offers loans and grants to less wealthy nations' governments to support infrastructure projects.

Low-Income Countries

Nations with a low gross national income per capita, often characterized by high levels of poverty and limited economic development.

Mumbai

A populous city on India's west coast, known for its financial and entertainment (Bollywood) industry, as well as being one of the world's largest cities.