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    Financial Accounting IFRS Study Set 1
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    Exam 11: Corporations: Organization, Share Transactions, Dividends, and Retained Earnings
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    Preference Shares Have Contractual Provisions That Give It a Preference
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Preference Shares Have Contractual Provisions That Give It a Preference

Question 351

Question 351

Short Answer

Preference shares have contractual provisions that give it a preference over ordinary shares as to ___________________ and to ___________________ in the event of liquidation.

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