Which One of the Following Is Not Necessary in Order

question 86

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)Declared dividends.
• D)Retained earnings.

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Definitions:

Consumption Possibilities Frontier

A curve depicting all possible combinations of two goods or services that a consumer can purchase given their income and the prices of the goods.

Self-sufficient Producer

An individual or entity that produces all they need to consume, relying minimal on external sources for goods or services.

Pastrami

A delicacy of highly seasoned, smoked, and cooked beef or sometimes turkey, popular in deli cuisine.

Milk

A nutrient-rich liquid food produced by the mammary glands of mammals, widely consumed by humans either directly or as dairy products.