Accounting · Corporate Shares and Dividends

Which of the following statements are correct regarding the classes and characteristics of corporate shares? A. In Cumulative Preference Shares, unpaid dividends accumulate over time and must be paid before equity dividends. B. Dividends for equity shareholders are fixed and automatically accumulate if not declared in a given year. C. Non-Cumulative Preference Shares do not allow unpaid dividends to accumulate. D. Preference shareholders are entitled to repayment of capital before equity shareholders upon liquidation. Choose the most appropriate answer from the options given below: