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Which of the following is true of dividends paid to shareholders? Dividends can be paid in the form of property manufactured by another organization. Cash
Which of the following is true of dividends paid to shareholders?
Dividends can be paid in the form of property manufactured by another organization.
Cash dividends can be declared and then rescinded by the directors. (incorrect)
Dividends can be paid with stock a corporation owns in another company.
Stock dividends cannot be rescinded once declared
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