A Cash Payment Made by a fiRm to Its Owners

question 23

Multiple Choice

A cash payment made by a firm to its owners in the normal course of business is called a:

• A)share repurchase.
• B)liquidating dividend.
• C)regular cash dividend.
• D)special dividend.
• E)extra cash dividend.

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Definitions:

Moral Leadership

Leadership that is centered on ethical principles and values and leads by example in encouraging a high standard of moral conduct within an organization or community.

Ethical Principles

Guiding morals and values that govern the behavior of individuals and organizations in the conduct of their activities.

Interactive Leadership

A leadership approach that emphasizes open communication, participation, and collaboration among team members and leaders.

Diverse Workforce

A labor pool that includes individuals of varying gender, race, religion, nationality, sexual orientation, and any other attributes where differences are valued.