Dividends in Arrears Are Dividends on

Multiple Choice

Dividends in arrears are dividends on

A) cumulative preferred stock that have been declared but have not been paid.
B) non-cumulative preferred stock that have not been declared for a given period of time.
C) cumulative preferred stock that have not been declared for a given period of time.
D) common dividends that have been declared but have not yet been paid.