JAMB Accounting 2008 Objective — Question 44

Question 44 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2008 Objective paper, with the correct answer and a full explanation.

Ordinary shareholders received dividend before

A. creditors
B. debtors
C. preference shareholders
D. deferred shareholdersCorrect

Explanation

Deferred shareholders are the founder of the company and they are the least on the dividend preference list.

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