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Question : In the current year, Proposed Dividend of ____________will be declared (approved) by the shareholders in their Annual General Meeting held after the end of the financial year.

Option 1: Previous year

Option 2: Current year

Option 3: Either A and B

Option 4: None of the above


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Previous year


Solution : Answer = Previous year

In the current year, the proposed dividend of the previous year will be declared (approved) by the shareholders in their Annual General Meeting held after the end of the financial year. This dividend represents the profit distribution decision made based on the previous year's financial performance.
Hence, the correct option is 1.

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