Which One of the Following Is Not Necessary in Order

question 11

Multiple Choice

Which one of the following is not necessary in order for a corporation to pay a cash dividend?

• A) Adequate cash
• B) Approval of stockholders
• C) Declaration of dividends by the board of directors
• D) Retained earnings

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Definitions:

Mental Ability

The capacity to perform cognitive tasks, understand complex ideas, and adapt effectively to the environment through reasoning and learning.

Vocations

Occupations to which a person is specially drawn or for which they are suited, trained, or qualified.

Learning Disabilities

Neurodevelopmental disorders that affect the brain's ability to receive, process, store, respond to, and communicate information.

Learning Disability

A neurological disorder that affects one or more of the basic processes involved in understanding or in using spoken or written language.