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

  • question_answer
    The snares on which there is no any pre-fixed rate of dividend is decided, but the rate of dividend is fluctuating every year according to the availability of profits, such share are called:

    A) Equity Share

    B) Non- Cumulative Preference Share

    C) Nor- convertible Preference Share

    D) Non-guaranteed Preference Share

    Correct Answer: A

    Solution :

    [a] Equity Share


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