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State whether the following statement is true or false. Dividend is decided by the shareholders. - Secretarial Practice

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Question

State whether the following statement is true or false.

Dividend is decided by the shareholders.

Options

  • True

  • False

MCQ
True or False
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Solution

The statement is false.

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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) 3. | Page 153

RELATED QUESTIONS

Final Dividend is declared 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


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.

Write a word or a term or a phrase which can substitute the following statement.

The return on investment paid to the shareholders of the company.


Write a word or a term or a phrase which can substitute the following statement.

The shareholders who get dividend at a fixed rate.


State whether the following statement is true or false.

Dividend is decided by the Board.


Complete the sentence.

Word dividend is derived from Latin term ______.


Complete the sentence.

Dividend is paid to __________.


Answer in one sentence.

What is Dividend?


Answer in one sentence.

What is final Dividend?


Select the suitable option for the following.

Dividendum ____________.


Explain the following term/concept.

Final Dividend


Explain the following term/concept.

Rate of 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?

Answer in brief.

State any four points to be kept in mind by a Listed Company with respect to Dividend.


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