Which of the Following Statements Is Not Correct in Relation

question 6

Multiple Choice

Which of the following statements is not correct in relation to cumulative preference shares?

• A) Holders of cumulative preference shares are guaranteed a dividend every year.
• B) Undeclared cumulative preference share dividends accumulate, or carry forward, to future periods.
• C) The accumulated amount of any cumulative preference share dividend plus the current year's preference dividend must be paid before any dividend can be paid to ordinary shareholders.
• D) Cumulative preference share dividends that are not declared in the year they are due are called dividends in arrears.

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Definitions:

Social Learning Theories

Theories that emphasize learning through observing others, asserting that people can learn new behaviors through imitation and modeling.

Alcohol Abuse

The harmful or hazardous use of alcohol that leads to health issues, social problems, or both.

Maladaptive Patterns

Behaviors or thoughts that, while initially developed to cope with stress or anxiety, become counterproductive and interfere with everyday functioning and well-being.

Sensation-Seeking

The trait of pursuing thrilling and exciting experiences, possibly involving physical, social, or financial risk.