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Which of the following statements concerning Form 10-Q is NOT true?
Preference Shares
Shares that give holders preferential rights over common shareholders regarding dividends and assets distribution upon liquidation.
Ordinary Shares
Securities that represent ownership in a corporation, giving the holder voting rights and a share in the company's profits via dividends.
Deferred Creditor
An entity to whom a payment is owed but the payment is delayed or deferred to a future date.
Trade Creditors
Amounts owed by a business to its suppliers for goods and services purchased on credit.
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