Which of the following statements is false?
A) Debenture is a form of public borrowing.
B) It is customary to prefix debentures with the agreed rate of interest.
C) Debenture interest is a charge against profits.
D) The issue price and redemption value of debentures cannot differ.
Correct Answer:
Verified
Q1: Debentures represent the :
A)Long-term Borrowings of a
Q2: Zero Coupon Bonds are issued :
A)At Zero
Q3: Interest payable on debentures is :
A)an appropriation
Q4: A debenture holder is entitled to :
A)Fixed
Q5: On liquidation of company, principal amount of
Q7: Which of the following is not a
Q8: Which of the following statements is false?
A)At
Q9: Which of the following statements is false
Q10: The Principal amount of debentures will be
Q11: The debentures whose principal amount is not
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