A Product Is Know as ________ When It Is Transferred

question 111

Multiple Choice

A product is know as ________ when it is transferred from one subunit to another subunit in the same organization.

• A)an interdepartmental product
• B)an intermediate product
• C)a subunit product
• D)a transfer product
• E)a secondary product

---

Definitions:

Cumulative Dividend

A feature of preferred stock that mandates the payment of any missed dividends before dividends can be distributed to other shareholders.

Arrearage

A legal term for the part of a debt that is overdue after missing one or more required payments.

Preferred Shareholders

Investors who own preferred shares in a company, giving them priority over common shareholders in the distribution of dividends and assets.

Dividend Distributions

Payments made by a corporation to its shareholders, usually derived from the company's earnings.