Which of the Following Is Not Necessary for a Corporation

question 89

Multiple Choice

Which of the following is not necessary for a corporation to pay cash dividends?

• A) Sufficient cash
• B) Formal action of the board of directors
• C) Prior declaration of stock dividends
• D) Sufficient retained earnings

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Definitions:

Temperate Rain Forest

A coniferous biome characterized by cool weather, dense fog, and high precipitation (e.g., the north Pacific coast of North America).

Temperature Range

The difference between the maximum and minimum temperatures in a given area over a period, important for determining climate conditions.

Oceanic Province

That part of the open ocean that overlies an ocean bottom deeper than 200 m. Compare with neritic province.

Greatest Volume

Refers to the largest amount or capacity of something, often used in various contexts like measurements, storage, or descriptions of space.