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In QBO,Recurring transactions can be classified as: 1.Scheduled 2.Unscheduled 3.Reminder.Which of the following statements is NOT true regarding these three classifications?
Cumulative Preferred Stock
A type of preferred stock where dividends accumulate if not paid in a given period and must be paid out before dividends to common stockholders.
Cash Dividend
A payment made by a company out of its earnings to shareholders in the form of cash.
Market Price
The current rate for transactions involving a service or asset.
Stock Dividend
A stock dividend is a distribution of additional shares of a company's stock to its shareholders instead of cash dividends.
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