Which of the Follow Methods Can Be Used to Redeem $\quad$

question 12

Multiple Choice

Which of the follow methods can be used to redeem redeemable preference shares:
I. $\quad$ by applying part of the balance of retained profits
II. $\quad$ by applying the proceeds of a new issue of preference shares issued for that purpose
III. $\quad$ by applying the proceeds of a new issue of ordinary shares issued for that purpose
IV. $\quad$ by applying the balance in the unallocated share capital - forfeited shares account

• A)I and IV only
• B)I, II and III only
• C)II and III only
• D)all of I, II, III and IV

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Definitions:

Repetitive Focus Factory

A factory designed to produce high volumes of a limited range of products, focusing on efficiency and repetitive processes.

Processing Part

The phase or component in manufacturing that involves the change or transformation of materials into final products.

Number Of Channels

Refers to the pathways or routes through which goods and services are distributed from the producer to the consumer.

Limited Queue System

A queuing model where the number of customers that can wait in line is restricted due to space or service capacity.