English

State whether the following statement is true or false. Dividend is decided by the Board.

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Question

State whether the following statement is true or false.

Dividend is decided by the Board.

Options

  • True

  • False

MCQ
True or False
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Solution

The statement is true.

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Dividend
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Chapter 10: Dividend and Interest - Exercises [Page 153]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 10 Dividend and Interest
Exercises | Q 1 D) 2. | Page 153

RELATED QUESTIONS

Select the correct answer from the options given below and rewrite the statement.
Dividend is paid to ___________.


Final Dividend is declared by ______.


Dividend cannot be declared out of ______________.


Dividend is recommended by ______________.


Select the correct answer from the options given below and rewrite the statement.
Dividend amount should be transferred in a separate Bank Account within ____________ days of its declaration


Select the correct answer from the options given below and rewrite the statement.
Dividend should be paid within ________________ days of its declaration


______ holders get dividend from residual profits.


Match the pairs.

Group ‘A’ Group ‘B’
a) Dividend 1) Must inform stock exchange about Dividend declaration
b) Interest 2) Creditors
c) IEPF 3) Registered Shareholders.
d) Unpaid Dividend Account 4) Balance of unpaid Dividend Transferred here.
e) Listed Company 5) Unregistered company.
  6) Non-listed company.
  7) Unpaid/Unclaimed Dividend.
  8) Balance of unpaid Bonus transferred here.
  9) Must inform Government about Dividend declaration.
  10) General Public.

State whether the following statement is true or false.

Dividend is decided by the shareholders.


Complete the sentence.

Word dividend is derived from Latin term ______.


Complete the sentence.

Dividend is paid to __________.


Answer in one sentence.

What is Dividend?


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Dividendum 1) ____________
b) Interest 2) ____________
c) ____________ 3) Final Dividend
d) ____________ 4) Interim Dividend
e) Govt. Fund 5) ____________

(Creditors, IEPF, Latin term, At Board Meeting, At AGM)


Select the correct option from the bracket.

Group ‘A’ Group ‘B’
a) Preference Shares 1) ____________
b) Equity Shares 2) ____________
c) Deposit holders 3) ____________
d) ____________ 4) Payment of Dividend
e) ____________ 5) Dividend Declared but not paid/claimed

(Unclaimed/Unpaid Dividend, Fixed rate Dividend, Dividend at a Fluctuating Rate, Interest, Within 30 days)


Select the suitable option for the following.

Dividendum ____________.


Explain the following term/concept.

Profit


Explain the following term/concept.

Final Dividend


Study the following case/situation and express your opinion :

LMN Co Limited decides to declare a dividend for the financial year 2018-19 in which it has earned profits less than their expectations.

  1. Is Board right in recommending a dividend of Rs. 5/- per share out of free reserves?
  2. Can Board declare the dividend though it is not approved by AGM?
  3. Can the Board give dividends in the form of gifts?

Discuss any four features of dividend.


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