955. Identify the correct one:
a) Interim or final dividend once proposed
cannot be revoked in any circumstances.
b) Interim or final dividend once proposed can
be revoked.
c) Interim once declared cannot be proposed
but final dividend can be revoked.
d) Interim or final dividend once proposed
cannot be revoked except in exceptional
circumstances.
Answer:
b) Interim or final dividend once proposed can
be revoked.
 
MCQ revised for better understanding
Identify the correct one:
a)Interim or final dividend once proposed cannot be revoked in any circumstances.
b)final dividend once proposed can be revoked before declaration .
c)Interim once declared cannot be proposed but final dividend can be revoked.
d)Interim or final dividend once proposed cannot be revoked except in exceptional circumstances.
Answer: b)final dividend once proposed can be revoked before declaration .