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4. Which of the following statements is FALSE? A. The way a firm chooses between paying dividends and retaining earnings is referred to as its
4. Which of the following statements is FALSE? A. The way a firm chooses between paying dividends and retaining earnings is referred to as its payout policy. B. From an accounting perspective, dividends generally reduce the firm's current (or accumulated) retained earnings. C. Most companies that pay dividends pay them semiannually. D. Occasionally, a firm may pay a oneminus time, special dividend that is usually much larger than a regular dividend.
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