Which of the Following Is a False Statement About Preference

question 23

Multiple Choice

Which of the following is a false statement about preference shares?

• A)Always have voting rights.
• B)Provide the owner with a claim to a fixed amount of equity.
• C)Have preference over common shares with respect to income and assets.
• D)Dividends must be paid in entirety before the common shareholders can receive any payments.

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Definitions:

Mnemonic

A memory aid, often using patterns of letters, ideas, or associations to help in remembering something.

Musical Notation

A system of symbols and marks used to represent musical sounds in written form, facilitating the composition and performance of music.

Maintenance Rehearsal

Rote repetition of material in order to maintain its availability in memory.

Prefrontal Cortex

The part of the brain located at the front of the frontal lobe, associated with complex cognitive behavior, personality expression, decision making, and moderating social behavior.