Dividend Policy Quiz-3
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1.
1. Who is ultimately responsible for dividend declaration?
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2. What does the YSX rule influence in this policy?
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3. Dividend can only be declared if which reserve is sufficient?
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4. Why is annual review of this policy important?
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5. Which financial document shows dividend declared?
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6. Which entity must be notified of amendments?
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7. What is the key objective of dividend policy?
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8. Under IFRS, dividends are disclosed under:
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9. What happens if the dividend is wrongly paid during insolvency?
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10. What event justifies temporary suspension of dividends?