English

State, Whether the Following Statements is True Or False. - Book Keeping and Accountancy

Advertisements
Advertisements

Question

State, whether the following statements is True or False.
Equity shareholder enjoys preferential rights.

Options

  • True

  • False

MCQ
True or False
Advertisements

Solution

False
Explanation:
 Equity shareholders have voting rights. However, it is the preference shareholders who enjoy preferential rights regarding dividend distribution and repayment of capital at the time of liquidation or in the event of winding up of a company.

shaalaa.com
  Is there an error in this question or solution?
Chapter 10: Company Accounts Part - 1 (Accounting for Shares) - Exercise 4 [Page 351]

APPEARS IN

Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 10 Company Accounts Part - 1 (Accounting for Shares)
Exercise 4 | Q 2 | Page 351
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×