Which of the Following Is Necessary for a Corporation to Pay

question 40

Multiple Choice

Which of the following is necessary for a corporation to pay cash dividends?

• A) Market value in excess of par value per share
• B) Order by the court of law
• C) Sufficient retained earnings
• D) Prior declaration of stock dividends

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Definitions:

Formal Communication Channels

The official pathways for sending information inside and outside an organization

Information Technology

The use of computers and telecommunications equipment to store, retrieve, transmit, and manipulate data, often in the context of business operations.

Open-door Policy

A management approach where executives keep their doors open, encouraging open communication, feedback, and discussion among all levels of staff.

Supervisor

A person who oversees the work of others, ensuring tasks are completed effectively and efficiently while providing guidance and support.