Which of the Following Statements About Dividends Is Not Correct

question 101

Multiple Choice

Which of the following statements about dividends is not correct?

• A)Cash dividends are generally declared quarterly as a dollar amount per share.
• B)Dividends can be declared on both preferred and common shares.
• C)The board of directors is obligated to declare dividends.
• D)Dividends can be in cash or stock.

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Definitions:

45 Degrees

A measure of angle or inclination, often referenced in positioning patients for therapeutic or comfort reasons.

Saturated Fats

Fatty acids found in animal fats and some vegetable oils, known for being solid at room temperature.

Unsaturated Fats

A type of fat containing one or more double bonds in its hydrocarbon chains, considered healthier than saturated fats, found in vegetable oils, nuts, and seeds.

Linoleic Acid

An essential fatty acid found in many vegetable oils, necessary for healthy human nutrition.