O-LevelAccountingThe fundamentals of accounting7707/11 · May/June 2024 · Q251 Mark

Which apply to both debentures and preference shares?

A✓ ✓ ✓

B✓ X ✓

CX ✓ X

DX X X

✓ Correct answer

A: ✓ ✓ ✓

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Topic: The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2024 Paper 1 Variant 1, question 25.

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