MCQOPTIONS
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				| 1. | 
                                    Which one of the following activities is outside the purview of dividend decision in financial management? | 
                            
| A. | Identification of the profit after taxes | 
| B. | Measurement of the cost of funds | 
| C. | Deciding on the pay-out ratio | 
| D. | Considering issue of bonus shares to equity shareholders | 
| Answer» C. Deciding on the pay-out ratio | |