Day: December 31, 2022

Accounting Multiple Choice Question – 31 December 2022

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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A company has issued non-cumulative preference shares and ordinary shares.

Which statement is correct?

Select ONE answer:

  1. If no preference dividend is paid, it is carried forward to a future year.
  2. Preference shareholders always get a dividend.
  3. Preference shareholders and ordinary shareholders always get a dividend.
  4. Preference shareholders may get a dividend.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct

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