Question

In the space provided, indicate with a tick whether the information relates to preference shares or ordinary shares 

Statement	Preference	Ordinary
Represent real owners of company
Rate of dividend is fixed
Has voting right
Redeemable
May be cumulative
Considered last in liquidation

Answer 1

Statement	Preference	Ordinary
Represent real owners of company		√
Rate of dividend is fixed	√
Has voting right		√
Redeemable	√
May be cumulative	√
Considered last in liquidation		√