The distinction between serior and subordinated debt is associated with O A commercial bonds O B. collateral trust bonds O C. mortgage bonds. O D. general debenture bonds. QUESTION 58 A pension plan that shares the risk for an underfunded plan between the employees and employer is knows as a_plan A. Canada Pension Plan O B. Target Benefit OC Defined Contribution O D. Defined Benefit QUESTION 59 Repurchasing shares OA splits shares in half OB. decreases the number of shares outstanding OC inoreases the number of shares outstanding OD has no effect on the number of shares ouMstanding QUESTION 60 Which of the folowing happens at the date of record of a cash dividend? A Dr. Dividends Deciared, Cr Cash B. The board of directors approves the dividend but no entry is made in the accounts OC. No entry ia made in the accounts. but alat of shareholders enboed to recerve the yidend a prepared D. Dr Dividends Deciared. Cr Dividends Payable QUESTION 61 Une he bloing iomation the queston) below Seside Developments ine. has 3200.000 of ne par vlue umuive prefered shares, and 12.000 shares of ne par vale common shares outstanding in its first three yees of operation. the company paid cash dividends a olws Year1 M.000 Year 2 S8.000 and Raterne RelH $24.000 The aount of dividends received by the prefered shareholders in year 2was GA SILD00. OB.S0.000 OC s0.000 OD S12.000. QUESTION 62 Which of the tolowing isthe ft date in the sequence required to pay dividends? OA peyment date Oaneuroement date OC declartion dale D date of reord QUESTION 63 Dvidends not declared in one yer camy ever to the ned year tor GA amars shares OBamlative common sha OCamative prelered shares OD preemtive a QUESTION 64 Al af the tulowing we lerma used torafer te he number of eompany shares ept GA aaiabie C ding ODed