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Answer in one sentence. What are cumulative preference shares? - Secretarial Practice

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Questions

Answer in one sentence.

What are cumulative preference shares?

What is meant by cumulative preference shares?

Very Short Answer
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Solution

Cumulative preference shares are those shares on which dividend goes on accumulating (adding).

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Sources of Owned Capital - Shares
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Chapter 2: Sources of Corporate Finance - Exercises [Page 37]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. H) 10. | Page 37
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 3 Sources of Financial for a Join stock Company
EXERCISES | Q 44. | Page 80
D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 6 Company Accounts - Issue of Shares
SHORT ANSWER QUESTIONS | Q 4. | Page 6.145

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