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  1. Dividends are paid out of profits, and:

Adividend payments must be approved by the firm's board of directors.
Bdividends are guaranteed.
Cdividends are paid before a firm's taxes are paid.
Ddividends are usually paid twice a year. 2. Which of the following statements is true about financial planning?
AAny kind of financial expert (such as a stockbroker, lawyer, or accountant) can help you develop a comprehensive financial plan.
BOnce you have painstakingly developed a financial plan, it is not wise to change it.
COnce you have made a decision to buy an investment, there is no need for continued evaluation.
DYou must always consider the tax consequences of selling your investments.

Verified Answer :

Dividends are paid out of profits, and acording to the basic rules of personal finance dividends are usually paid twice a year.
What about the next one, the answer is D. You must always consider the tax consequences of selling your investments. because inancial planner has to adept such fields.

Hello!

1. Dividends are paid out of profits, and: A. Dividend paymenyts must be approved by the firm's board of directors.

2. Which of the following statements is true about financial planning? D. You must always consider the tax consequences of selling your investments.