Q. Unless otherwise stated, a preference share is always deemed to be :
  • (A) Non-cumulative, participating and non-convertible
  • (B) Cumulative, non-participating and non-convertible
  • (C) Non-cumulative, non-participating and non-convertible
  • (D) Cumulative, participating and non-convertible
💬 Discuss
✅ Correct Answer: (B) Cumulative, non-participating and non-convertible

💬 Discussion

Related MCQs

Q. Receipts and Payments Account generally shows :

Q. X and Y are partners in the ratio of 3 : 2. Their capitals are ₹2,00,000 and ₹1,00,000 respectiv

Q. Is rent paid to a partner appropriation of profits?

Q. On 1st April, 2019 A, B and C were partners sharing profits and losses in the ratio of 5 : 3 : 2 res

Q. A and B are in partnership sharing profits and losses as 3 : 2. C is admitted for 1/4th share. After

Q. If a general donation of smaller amount is received by a school, that donation will be shown in :

Q. Reserve Capital is a part of:

Q. Where will you show purchase of Goodwill in a Cash Flow Statement?

Q. On the admission of a new partner :

Q. Which of the following is an example of cash flow from Operating Activities?

📱 Download Our App

Learn MCQs on the go with our easy-to-use Android app

Get it on Google Play

📊 Question Analytics

👁️
330
Total Visits
📽️
4 y ago
Published
🎖️
Ram Sharma
Publisher
📈
99%
Success Rate