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A Preference Share on Which the Right to Receive Dividends

Question 42

Multiple Choice

A preference share on which the right to receive dividends is forfeited for any year that the dividends are not declared is referred to as:


A) Participating preference share.
B) Callable preference share.
C) Cumulative preference share.
D) Convertible preference share.
E) Noncumulative preference share.

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