Dividends on _____ Stock, If Not Paid in Any Year

question 3

Multiple Choice

Dividends on _____ stock, if not paid in any year, will be payable later when funds are available.

• A) cumulative preferred
• B) noncumulative preferred
• C) participating preferred
• D) cumulative to the extent earned

---

Definitions:

Semicircular Canals

Three fluid-filled tubes located in the inner ear that play a critical role in maintaining balance and spatial orientation by detecting rotational movements.

Otolith Organs

Structures in the vestibular system that detect linear accelerations of the head and contribute to the sensation of gravity and motion.

Touch Receptors

Sensory nerve endings in the skin that respond to tactile stimuli, allowing the sensation of touch.

Cutaneous Sense

The sensory system related to the skin, involving perception of touch, pressure, temperature, and pain.