MCQOPTIONS
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| 1. |
A) a debenture is an acknowledgement of debt due by a company issued under a common seal B) bonus shares can be issued only out of free reserves built out of revenue profit or share premium collected in cash |
| A. | A is true B is false |
| B. | A is false B is true |
| C. | Both are true |
| D. | Both are false |
| Answer» D. Both are false | |