Question

Which of the following statements is/are True in case of Debentures?

1. The Debenture Holder is entitled to a fixed rate of Interest.
2. Debenture Holder is entitled to a fixed rate of dividend.
3. Debenture Holder is entitled to voting rights.
4. Interest on Debentures is a charge against profits.
5. Interest on Debentures is an appropriation of profits.

Choose the most appropriate answer from the options given below:

Options

• I Only.

• I and IV Only.

• IV Only.

• I and V Only.

Answer 1

I and IV Only.