McqMate
| Q. |
Which of the following statement is false: |
| A. | bonus issue is made in lieu of dividend |
| B. | bonus issue is not made unless the partly paid shares are made fully paid up |
| C. | bonus issue must be implemented within six months from the date of approval |
| D. | bonus is simply capitalisation of free reserve |
| Answer» A. bonus issue is made in lieu of dividend | |
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