Both shares and debentures are used to raise long-term funds (A true), can be issued for consideration other than cash (B true), and can be issued at premium (C true). However, only debentures can be converted into shares (not vice versa), and debentures earn interest, not dividend. So A, B, C only.
Read the following facts about shares and debentures. (A) Both shares and debentures can be issued by a company for raising long term funds. (B) Both…
CUET UG 2023 — Accountancy Company Accounts
2023mcqmedium
Read the following facts about shares and debentures.
(A) Both shares and debentures can be issued by a company for raising long term funds.
(B) Both shares and debentures can be issued for consideration other than cash.
(C) Both shares and debentures can be issued at premium
(D) Debentures can be converted into shares and shares can be converted into debentures
(E) Dividend is paid on shares and debentures both
Choose the correct answer from the options given below :
Official previous-year question
Held on 11 Jun 2023 · Verified 13 Jul 2026.
Options
- A
(A), (B), and (C) Only
- B
(B), (C), and (D) Only
- C
(C), (D), and (E) Only
- D
(A), (B), (C) and (D) Only
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