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  3. 12th Class
  4. Accountancy
  5. Accounting For Share Capital

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

  • question_answer
    Unless otherwise stated, a preference share is always deemed to be:

    A) cumulative, participating and non-convertible

    B) non-cumulative, non-participating and non-convertible

    C) cumulative, non-participating and non-convertible

    D) non-cumulative, participating and non-convertible

    Correct Answer: C

    Solution :

    [c] cumulative, non-participating and non-convertible


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