Business Studies · Sources of Business Finance
Preference shares that enjoy the right to accumulate unpaid dividends in future years are known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Non-participating preference shares
- 2Cumulative preference shares✓
- 3Convertible preference shares
- 4Participating preference shares
Correct answer
Cumulative preference shares
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