12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    Preference shareholders have:

    A) preferential right as to dividend only

    B) preferential right in the management

    C) preferential right as to repayment of capital at the time of liquidation of the company

    D) preferential right as to dividend and repayment of capital at the time of liquidation of the company

    Correct Answer: D

    Solution :

    [d] preferential right as to dividend and repayment of capital at the time of liquidation of the company


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