All of the Following Statements Regarding Preferred Stock Are False

Multiple Choice

All of the following statements regarding preferred stock are false except:

A) there is no specified amount of dividends on preferred stock
B) preferred stockholders receive dividends after common stockholders
C) in the event of liquidation,preferred stockholders are paid before common stockholders
D) preferred stockholders are similar to common stockholders in that they are allowed one vote per share of stock owned