Which One of the Following Is NOT True for a Company

question 22

Multiple Choice

Which one of the following is NOT true for a company?

• A) Interest paid on bonds issued last year is tax deductible.
• B) Regular dividends to be paid this year are not tax deductible.
• C) Regular dividends to be paid this year will be tax deductible if the company has a net loss for the year.
• D) Preference share dividends to be paid this year are not tax deductible.

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Definitions:

Established Order

The existing, often longstanding social, political, or religious system or structures in a society.

On the Origins of Species

A seminal work by Charles Darwin, published in 1859, which introduced the scientific theory of evolution by natural selection, revolutionizing biology.

Charles Darwin

A British naturalist who proposed the theory of biological evolution by natural selection, documented in his 1859 book "On the Origin of Species".

Competition

The rivalry among businesses or individuals for resources, recognition, or market dominance, which can drive innovation and efficiency.