Which of the Following Statements About a Cash Dividend Is

question 67

Multiple Choice

Which of the following statements about a cash dividend is incorrect?

• A) The legality of a cash dividend depends on state corporation laws.
• B) The legality of a dividend does not indicate a company's ability to pay a dividend.
• C) Dividends are not a liability until declared.
• D) Shareholders usually vote to determine the amount of income to be distributed in the form of a dividend.

---

Definitions:

Unified Protocol

A transdiagnostic cognitive-behavioral therapy designed to treat a range of emotional disorders through common underlying processes.

Emotion-Focused/Experiential

A therapeutic approach that emphasizes understanding and addressing emotional experiences to facilitate healing and growth.

Experiential Therapies

Therapeutic approaches that emphasize experiencing feelings and emotions in the present, often through activities like role-playing, music, art, or outdoor experiences.

Cognitive Therapies

A group of psychotherapies that focus on identifying and changing negative thought patterns, beliefs, and attitudes.