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    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 9: Liabilities and Sources of Financing
  5. Question
    Dividends on Ordinary Shares Are
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Dividends on Ordinary Shares Are

Question 10

Question 10

Multiple Choice

Dividends on ordinary shares are:


A) expensed when paid.
B) expensed when incurred.
C) expensed at year end.
D) a reduction of retained profits.

Correct Answer:

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