Before a Stock Dividend Can Be Declared or Paid, There

question 99

True/False

Before a stock dividend can be declared or paid, there must be sufficient cash.

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Definitions:

Hard Disk

A data storage device used for storing and retrieving digital information, using magnetic storage to store vast amounts of data persistently.

Input Device

Hardware used to provide data and control signals to an information processing system such as a computer. Examples include keyboards, mice, and scanners.

Hardware Component

Any physical part of a computer or electronic system, such as a processor, hard drive, or keyboard, that contributes to the machine's functionality.

Mobile Device

A portable computing device such as a smartphone or tablet.