Which statement about bonus shares is true?
A. they may be issued for repayment of debenture
B. they may be issued at a premium
C. they may be issued to the holders of preference shares
D. they may be issued using the premium received from an issue of preference shares
Answer:D
Which statement about bonus shares is true?
A. they may be issued for repayment of debenture B. they may be issued at a premium C. they may be issued to the holders of preference shares D. they may be issued using the premium received from an issue of preference shares