PEREGRINE ACCOUNTING AND FINANCE EXAM SCRIPT 2026 QUESTIONS WITH ANSWERS

PEREGRINE ACCOUNTING AND FINANCE
EXAM SCRIPT 2026 QUESTIONS WITH
ANSWERS

◉ Compliance in Accounting. Answer: Sarbanes act was created in
2002 to protect shareholders


◉ What are dividends?. Answer: a sum of money paid regularly by a
company to its shareholders out of its profits


◉ _ can be allocated as fixed amount per share. Answer: Dividends


◉ Dividends. Answer: can only be received one or more regular
payment stream


◉ Cash dividend. Answer: paid out of currency of the company


Are usually taxable


◉ stock dividend. Answer: Paid out in form of stock


◉ Property. Answer: paid out in form of asset

, ◉ Interim. Answer: made before a companies annual general
meeting and final financial statement


◉ Common stock. Answer: allows owners to vote at shareholder
meetings and receive dividends


◉ preffered stock. Answer: stock that gives stockholders preference
in earnings and other rights


◉ Growth stock. Answer: earnings grow faster than market average


Dividends rarely paid


Investors buy them


Startup technology company likely has them


◉ Income stock. Answer: pays higher-than-average dividends
compared to other stock issues