Which of the Following Is TRUE of Dividends in Arrears

question 77

Multiple Choice

Which of the following is TRUE of dividends in arrears?

• A) Dividends in arrears are a liability on the balance sheet.
• B) Dividends in arrears are passed dividends on noncumulative preferred stock.
• C) Dividends in arrears are passed dividends on cumulative preferred stock.
• D) Dividends in arrears are passed dividends on common stock.

---

Definitions:

Effort

The use of physical or mental energy to achieve a goal or complete a task.

Three-Person Trip

an outing or journey undertaken by a group of three individuals together.

Gordon Allport

An influential American psychologist known for his extensive research in personality and the psychology of prejudice.

Attitudes

Global evaluations toward some object or issue