Question 17. Which of the following statements is/are true? 1. Where preference shares are classified as a liability, the associated dividends should be recognised directly in equity 2. Redeemable preference shares are usually classified as a liability, 3. If an entity issues convertible bonds, these should always be treated as a liability under IAS 32. 4. Under IAS 32 irredeemable preference shares are always classified in equity on the statement of financial position O 2 and 4 O 1,3 and 4 O 2 only O None of the above 11 of uur nutu on summary sheet at the end of the assessment. To highlight