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One of the Conditions for Paying a Cash Dividend Is

question 93

True/False

One of the conditions for paying a cash dividend is formal action by the board of directors.


Definitions:

Temporary Activation

A state or condition of being enabled or made active for a limited period.

Temporary

Lasting for a limited period of time; not permanent or enduring.

Physiological

Related to the functions and activities of living organisms and their parts, including all physical and chemical processes.

Temporary

Something not permanent or lasting only for a limited period of time.

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