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O-LevelAccountingThe fundamentals of accounting7707/11 · May/June 2021 · Q231 Mark

Which providers of funds to a limited liability company receive a fixed rate of return on their investment?

Aordinary shareholders (✓), preference shareholders (X), debenture holders (✓)
Bordinary shareholders (✓), preference shareholders (✓), debenture holders (✓)
Cordinary shareholders (X), preference shareholders (✓), debenture holders (✓)
Dordinary shareholders (X), preference shareholders (X), debenture holders (✓)

✓ Correct answer

C: ordinary shareholders (X), preference shareholders (✓), debenture holders (✓)

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About this question

Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2021 Paper 1 Variant 1, question 23.

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