Which of the Following Statements Is False Regarding the Issuance

question 71

Multiple Choice

Which of the following statements is false regarding the issuance of stock versus bonds to raise capital for a corporation?

• A)The declaration of dividends reduces the amount of the corporation's taxable income.
• B)Interest accrues; whereas, dividends do not accrue.
• C)The payment of bond interest is a contractual requirement.
• D)The payment of dividends is at the discretion of the board of directors.

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Definitions:

Dermal Papilla

Small, nipple-like extensions of the dermis into the epidermis that supply blood and nourishment to the epidermal layer.

Hypodermis

The deepest layer of the skin, containing fat and connective tissue, providing insulation and cushioning to the body.

Reticular Layer

The deep layer of the two in the dermis of the skin, which supports the skin's structure.

Merkel Cells

Specialized epidermal cells found in the skin that are involved in the sensation of touch and pressure.