- This topic has 1 reply, 2 voices, and was last updated 8 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- The topic ‘insolvency’ is closed to new replies.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › insolvency
Hi Mike!
Which of the following parties has their interest paid first out of a liquidated company’s assets?
A The liquidator
B Floating chargeholders
C Employees
D Those owed deferred debts
1. The answer is A
2. Why C or D could not be the answer?
Thanks.
“Why C or D could not be the answer?”
Because the answer is A! It really is as simple as that!
