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If preference shares are non-cumulative,then the company does NOT need to pay dividends that were passed in previous years.
Tactics
Specific actions or strategies designed to achieve a particular objective.
Listening Process
The active engagement in receiving and interpreting messages or information, often involving steps like hearing, understanding, evaluating, and responding.
Phases
Distinct periods or stages in a process of development or a series of operations, often marked by specific features or tasks.
Virtual Worlds
Online simulated environments where users can interact with each other and the environment using avatars.
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