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Question Practice

Which statement is true regarding debenture allotment in case of over subscription?

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
Issue and Redemption of Debentures
Question Bank

Which statement is true regard...

Single Answer MCQ
Q-00103425

Which statement is true regarding debenture allotment in case of over subscription?

1

More debentures can be allotted than initially offered

2

All applications must be fully accepted

3

Only part of the oversubscription can be allocated

4

Every applicant is guaranteed an allotment

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