When Preference Shares Is Cumulative, Preference Dividends Not Declared in a Period

question 27

Multiple Choice

When preference shares is cumulative, preference dividends not declared in a period are

• A)considered a liability.
• B)called dividends in arrears.
• C)distributions of earnings.
• D)never paid.

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Definitions:

Cervical

(1) Pertaining to the neck portion of the spinal column; (2) also to the entrance into the uterus.

Intraepithelial Lesion

A term describing early changes in the cells of the skin and some mucous membranes that may develop into cancer, usually found in the context of cervical cancer screening.

Epithelial Cell Abnormalities

Irregularities in the cells lining the surfaces of organs and structures in the body, which can indicate disease or cancer.

Gynecology

A branch of medicine that focuses on the health and diseases of the female reproductive system, as well as related issues in other bodily systems.