Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. UI
  4. /
  5. Financial Accounting
  6. /
  7. 2015/2016
  8. /
  9. Q6
Question 6

Holders of ordinary shares do not have the right to

  • A.participate in additional issue of shares
  • B.vote at annual general meetings
  • C.elect the board of directors
  • D.receive dividend at a predetermined rate
Objective

Question details

Exam body
UI
Subject
Financial Accounting
Year
2015/2016
Question no.
#6
Type
Objective
Previous · Q5All but one of the following are examples of capital reserves Next · Q7 In company accounts, profit after tax is shared in the account

More from this paper

  • Q2Which of the following is a strong feature of partnership?
  • Q3A bond, acknowledging a loan to a company under the company's seal, bearing a…
  • Q4Alabede (Nig.) Limited issued 50,000 ordinary shares if 1 each at a market value…
  • Q8The amount set aside out of profits earned by a company which is not meant for…
  • Q9Which of the following attracts a fixed rate of dividend?
  • Q10Which Of the following ratios gives an idea of the liquidity of a firm?
See all Financial Accounting 2015/2016 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy