The dividend recommended by the Board of Directors is called………

Related MCQs

• The shares on which there is no any pre-fixed rate of dividend is decided, but the rate of dividend is fluctuating every year according to the availability of profits, such share are called :
• Shares issued by a company to its employees or directors in consideration of ‘Intellectual Property Rights’ are called :
• The dividend declared between two annual general meeting is called ……….
• Changes in the rate of Preference dividend payable in future without any change in the amount of capital is known as ___
• When the proposed dividend exceeds 20% of the paid up capital, percentage of profit to be transferred to reserve is
• Scrip dividend means
• As per the rules framed under the companies Act, 1956, if the dividend proposed by a company is 12% of the paid up capital, the amount to be transferred to reserve must not be less than
• In a bank balance sheet, unclaimed dividend will be shown under the head
• In case of ……………..preference shares, the arrears of dividend are carried forward and paid out of the profits of the subsequent years.
• Unclaimed dividend is shown in the balance sheet under the head ……..