Which of the following statements is FALSE?
A) From an accounting perspective, dividends generally reduce the firm's current (or accumulated) retained earnings.
B) The way a firm chooses between paying dividends and retaining earnings is referred to as its payout policy.
C) Most companies that pay dividends pay them semiannually.
D) Occasionally, a firm may pay a one-time, special dividend that is usually much larger than a regular dividend.
Answer: C
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A(n) __________ is an employee who discovers corporate misconduct and chooses to bring it to the attention of others.
A. tattle-tail B. internal spy C. whistle-blower D. chief ethics officer
What happens to the listing agreement if the broker loses his/her license?
a. The seller chooses another broker to handle the listing. b. The original broker finishes the transaction because he/she was licensed when the agreement was signed. c. The state real estate licensing agency may choose another broker to close any pending transaction. d. The listing agreement terminates and the seller must start over with a new broker.