Which of the following statements is FALSE?
A. Occasionally, a firm may pay a one-time, special dividend that is usually much larger than a regular dividend.
B. Most companies that pay dividends pay them semiannually.
C. From an accounting perspective, dividends generally reduce the firm's current (or accumulated) retained earnings.
D. The way a firm chooses between paying dividends and retaining earnings is referred to as its payout policy.
Answer: B. Most companies that pay dividends pay them semiannually.
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Jim and Nancy, a married couple, lived outside Oregon all year. They intend to come back to Oregon in the future. They had no income earned in Oregon, and their only home was in Montana where they actually lived. They visited family and friends in Enterprise, Oregon, for two weeks in the summer. Although Jim and Nancy consider themselves Oregon residents, they will be treated as nonresidents for tax purposes.
a. true b. false
Michelle is quite content with her ability to relate to people from different cultures, so she is likely to establish the developmental need of enhancing her cross-cultural skills
Indicate whether the statement is true or false.