The primary purpose of a premium audit is to calculate your final premium. When your policy was issued, the premium was an estimate of an exposure. basis (usually payroll or sales) multiplied by a rate. The rate used is determined. by how the exposure base is classified. The audit will examine your records to. establish the actual exposure basis and make sure that the correct classification.
Consent dividend is a dividend that some shareholders agree to give back or leave with the company issuing for the purpose of either expansion or increasing its cash positions. The shareholder also agrees to report the dividends for tax purposes.
A shareholder dividend is a portion of profits from a publicly traded company that are paid out to stockholders quarterly or annually. A dividend, also called a payout, is viewed as an incentive for an investor to own stock in a company even though it may not be showing much growth.