Which is not a type of Preference Shares

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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Shares

Question:

Which is not a type of Preference Shares:-

Options:

Participating Preference Shares

Cumulative Preference Shares

Irredeemable Preference Shares

Convertible Preference Shares

Correct Answer:

Convertible Preference Shares

Explanation:

The correct answer is Option (4) → Convertible Preference Shares