A Dividend Declared Out of Share Capital or Share Premium

question 13

True/False

A dividend declared out of share capital or share premium is termed a liquidating dividend.

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Definitions:

Mentally Reviews

The process of consciously going over information or experiences in one's mind, often to prepare or assess.

Transfer Steps

Sequential actions taken to safely move a person from one place or position to another, often used in healthcare settings to prevent injury to patients and caregivers.

Own Strength

Referring to an individual's inherent physical or mental power and capacity for effort or endurance.

Articular Ends

The end parts of bones that come into contact with each other in a joint, often covered with cartilage to allow for smooth movement.