If Preferred Shares Are Cumulative, the

question 78

Multiple Choice

If preferred shares are cumulative, the

• A) preferred dividends not declared in a given year are called dividends in arrears.
• B) preferred shareholders and the common shareholders receive equal dividends.
• C) preferred shareholders and the common shareholders receive the same total dollar amount of dividends.
• D) common shareholders will share in the preferred dividends.

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Definitions:

Satisfied Need

A requirement or desire that has been fulfilled, contributing to an individual's contentment or well-being.

ERG Theory

A motivation theory that categorizes human needs into existence, relatedness, and growth.

Motivator

Something or someone that provides a reason or incentive to act or exert effort.

Autonomy Support

The encouragement of self-initiative and independence by providing options and respecting individuals' choices.