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:

Ethnomethodological

A perspective focusing on the ways individuals use everyday conversation and gestures to construct a shared sense of order and reality.

Conversational Analysis

A methodological approach in sociology that studies the ways in which conversation and interpersonal communication are structured and have meaning.

Nonverbally

Pertaining to communication or the conveyance of ideas and feelings without the use of spoken words, such as through body language, gestures, and facial expressions.

Accounting

The systematic recording, reporting, and analysis of financial transactions of a business or individual.