The type of preferred stock whose paid dividends are more than the promised dividends is classified as

non participating preferred stock

The type of preferred stock whose paid dividends are more than the pro

1.	The type of preferred stock whose paid dividends are more than the promised dividends is classified as
A.	non-cumulative preferred stock
B.	cumulative preferred stock
C.	non participating preferred stock
D.	participating preferred stock
Answer» E.