Regarding the Corporations Act's replaceable rule for dividend payments, which of the following statements is untrue?
A) directors determine the amount, timing and method of payment of a dividend
B) interest is not payable on dividends
C) shareholders have no right that a dividend be paid
D) an interim dividend payable can not be cancelled by the directors
Correct Answer:
Verified
Q12: Dividends can be paid from which of
Q13: Under the Framework and AASB 101
A)revenue arises
Q14: Under AASB 101, in the profit or
Q15: On 1 April 20X1 the directors
Q16: A bonus share issue from a reserve:
A)increases
Q18: Instead of paying a cash dividend this
Q19: Instead of paying a cash dividend this
Q20: In which of the following ways
Q21: Under AASB 101 fire damage expense must
Q22: The Corporations Act does not permit the
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