Which of the Following Is Not a Prerequisite to Paying

question 162

Multiple Choice

Which of the following is not a prerequisite to paying a cash dividend?

• A) formal action by the board of directors
• B) market value in excess of par value per share
• C) sufficient cash
• D) sufficient retained earnings

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Definitions:

Job Specifications

A list of the qualifications required of a job holder.

Recruiting Websites

Platforms or online services designed to facilitate the connection between employers and job seekers, enabling the posting and application process for vacancies.

Internal Recruits

Employees who are already within the organization and are considered for new or vacant positions as part of career advancement or organizational restructuring efforts.

Employment Equity

The requirement that employers in the federal government and federally regulated industries increase the representation of women, people with disabilities, Aboriginal people, and members of visible minorities in their workplaces to match their availability in the workforce.