Which of the following is responsible for deciding whether a dividend is paid by a company?
A) Creditors of the company.
B) Auditors of the company.
C) Directors of the company.
D) International Accounting Standards Board.

Question

Quizplus · Accepted Answer

The directors of the company are responsible for making decisions about the payment of dividends. They must consider factors such as the company's financial performance, cash flow requirements, and other strategic priorities before making a decision. While creditors and auditors may have influence over the company's financial decisions, they do not have primary responsibility for determining whether a dividend is paid. The International Accounting Standards Board is responsible for setting accounting standards but does not have a role in deciding dividend payments.

Which of the Following Is Responsible for Deciding Whether a Dividend