When a property dividend is declared, the property to be distributed should be revalued to fair value as of the:
A. Record date.
B. Date of distribution.
C. Date of declaration.
D. Announcement date.
Answer: C
When a property dividend is declared, the property to be distributed should be revalued to fair value as of the:
A. Record date.
B. Date of distribution.
C. Date of declaration.
D. Announcement date.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.