Before a Company Can Issue a Property Dividend in Shares

question 157

True/False

Before a company can issue a property dividend in shares of another company, it must ensure that the shares are recorded at market value.The dividend is then paid out of the company's contributed capital accounts rather than its retained earnings.

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Definitions:

Synchronous

Occurring at the same time or operating in unison; often used in reference to processes that happen simultaneously.

Telecommuting

A work arrangement in which employees do not commute to a central place of work but work remotely, usually from home, utilizing the internet and communication technology.

Promotion Time

A period during which marketing efforts are intensified to increase awareness or sales of a product or service, often featuring special offers or discounts.

Teleconferencing

A method of using electronic media to conduct meetings or discussions among people in different locations, via audio, video, or web-based platforms.