Dividends Are Paid Out of Profits, and

question 99

Multiple Choice

Dividends are paid out of profits, and

• A)dividends are guaranteed.
• B)dividend payments must be approved by the firm's board of directors.
• C)dividends are paid before a firm's taxes are paid.
• D)dividends are usually paid twice a year.
• E)dividends are guaranteed and paid twice a year.

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Definitions:

Cilia

Microscopic, hair-like structures on the surface of certain cells that move in a wave-like manner, facilitating movement or the transport of fluids and particles.

Vesicle

A small, fluid-filled sac or cyst within the body or a cell, used to transport materials within the cytoplasm.

Membrane Enclosed Sac

A structure within a cell, bounded by lipids, that contains fluid or smaller organelles, involved in transport, storage, and processing.

9+2 Arrangement

A specific structure found in the microtubules of eukaryotic cilia and flagella, consisting of nine pairs of microtubules surrounding two central microtubules.