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AS
Question Practice

If a company's preference shares are cumulative, what does this imply?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Accounting for Share Capital
Question Bank

If a company's preference shar...

Single Answer MCQ
Q-00082436

If a company's preference shares are cumulative, what does this imply?

1

Dividends are paid only when profits allow

2

Missed dividends are added to future payments

3

Dividends must be paid at a fixed rate

4

They cannot be redeemed

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Q4.

Which of the following is true about the liability of shareholders in a company limited by shares?

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