No Adjustment Is Made in the Cost of Preference Shares

question 26

True/False

No adjustment is made in the cost of preference shares for taxes since preference share dividends are not tax-deductible.

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Definitions:

Spontaneous

Occurring without apparent external cause; arising naturally and unexpectedly.

Technology

The application of scientific knowledge for practical purposes, especially in industry, including the invention and use of technical means and their interrelation with life, society, and the environment.

Political Biases

Preconceived notions or predispositions toward specific political parties, ideologies, or policy decisions, often resulting in a lack of impartial judgment.

Sociologist

A social scientist who studies the behaviors, structures, and functions of societies and social groups.