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EXAMINATIONS

University of South Africa

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EXAMINATIONS (2019) SECTION A QUESTION 1 1. Figozo Ltd showed an increase in profits for the 2018 financial year At a board meeting, the directors decide to pay dividends to the company’s shareholders Indicate the requirements that must be adhered to in t

  • EXAMINATIONS (2019) SECTION A QUESTION 1 1. Figozo Ltd showed an increase in profits for the 2018 financial year At a board meeting, the directors decide to pay dividends to the company’s shareholders Indicate the requirements that must be adhered to in t

  • Exam (elaborations) • 12 pages • 2021
  • EXAMINATIONS (2019) SECTION A QUESTION 1 1. Figozo Ltd showed an increase in profits for the 2018 financial year At a board meeting, the directors decide to pay dividends to the company’s shareholders Indicate the requirements that must be adhered to in terms of the Companies Act 71 of 2008 before the dividends may be declared and paid (5) Section 46 of the Companies Act regulates distributions. A distribution is any direct or indirect transfer by a company of money or other property o...
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