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Commerce · Q826

Accounting

Graduate and Post Graduate · Commerce · question 826

Q826

Which of the following is not a feature of debenture?

A.
Debenture represent borrowed funds
B.
Dividend are firstly paid on debentures
Answer
C.
General debentures do not carry voting rights
D.
Debenture comprises a charge on the assets of the company

Answer: Option B

Solution

Answer: Option B
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