O-LevelAccountingThe fundamentals of accounting7707/12 · May/June 2017 · Q261 Mark
What are the main features of debentures?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Areturn received: dividend, rate of return: fixed rate, voting rights: no
Breturn received: dividend, rate of return: varies with profit, voting rights: yes
Creturn received: interest, rate of return: fixed rate, voting rights: no
Dreturn received: interest, rate of return: varies with profit, voting rights: yes
✓ Correct answer
C: return received: interest, rate of return: fixed rate, voting rights: no
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill The fundamentals of accounting and see which topics are most likely to come up next.
Sign up free →