Which Statement Relating to Preference Shares Is Not Correct

question 13

Multiple Choice

Which statement relating to preference shares is not correct?

• A)They are often non-voting shares.
• B)They are generally more risky for shareholders to own than ordinary shares.
• C)They are entitled to receive a dividend before the ordinary shareholders.
• D)They normally have a fixed rate of dividend attached.

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Definitions:

Biological Imperatives

Fundamental needs and functions inherent to all living organisms, such as reproduction and survival.

Social Demands

Expectations or requirements imposed by society or communities on individuals, influencing behavior and social interactions.

Mainstream of Society

The dominant or prevailing social, cultural, or political practices and norms within a society.

Repertoire

A collection or set of skills, performances, works, or techniques available to a person or organization.