All of the following are dividend options EXCEPT:

A. Fixed-period installments
B. Reduction of premium
C. Accumulated at interest
D. Paid-up additions

Question

23-07-2024
Business

Answered

All of the following are dividend options EXCEPT:

A. Fixed-period installments
B. Reduction of premium
C. Accumulated at interest
D. Paid-up additions

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-07-23T14:58:50-04:00

Final answer:

Dividends are cash payments to shareholders, with options like fixed-period installments, paid-up additions, and accumulation at interest, excluding premium reduction.

Explanation:

Dividends are cash payments made by companies to their shareholders. They can take different forms, such as fixed-period installments, reduction of premium, paid-up additions, and being accumulated at interest. However, reduction of premium is not typically a dividend option but rather a method of decreasing the cost of an insurance policy.

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All of the following are dividend options EXCEPT:A. Fixed-period installmentsB. Reduction of premiumC. Accumulated at interestD. Paid-up additions

Answer :

Final answer:

Explanation:

Learn more about Dividend Options here:

Other Questions

All of the following are dividend options EXCEPT:

A. Fixed-period installments
B. Reduction of premium
C. Accumulated at interest
D. Paid-up additions