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MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test"
Try The MCQ's Test For Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test"
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Total Questions15
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Time Allowed20
Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test
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Question # 1
The toal amount of capital, in case of company is divided into small units, these units are called.
Question # 2
A certificat issue by the company under its seal acknowledging a debt due by it to its holder, is called.
Question # 3
A company in which memebr gives a guarantee to contribute a specified sum to the company of its being wound up is called.
Question # 4
Interest on dividend is paid.
Question # 5
If the price required to be paid to the company for the share less than the nominal value of that share, it is called shares.
Question # 6
In case of public company minimum number of members is.
Question # 7
The total amount recived by the company out of the totla called up amount is known as the.
Question # 8
The debentures which are repayable at the end of a specified period are termed as.
Question # 9
The debentures which does not carry any charges o the assets of the company.
Question # 10
The person who take the initaiative in the matter of formation of a company are known as the.
Question # 11
Debenture holders are.
Question # 12
Those debentures wihch carry no security as to payment of interest or repayment of principal, are known as.
Question # 13
If the price required to be paid to the company for the share is more than nominal value of that share, it is called.
Question # 14
The dividend paid to the shareeholders duirng the financial year is.
Question # 15
The charter of the company containing the objects of whihc for company is being formed is called.
ICOM Part 2 English Medium Principles of Accounting Chapter 8 MCQ's Test
Top Scorers Of Chapter 0 "Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test" MCQ`s Test
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F Fazilat Official 07 - Dec - 2025 01 Min 42 Sec 14/15 -
M Malaika MA 03 - Aug - 2024 02 Min 01 Sec 13/15 -
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ICom Part II Principles of Accounting Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Debenture holders are. |
A. Creditors
B. Owners
C. Customers of the company
D. Debtors
|
| 2 | The dividend paid to the shareeholders duirng the financial year is. |
A. Redeemable debentures
B. Irredeemable debentures
C. Repayable debebtures
D. None of these
|
| 3 | Ordinary shares are also known as. |
A. Equity shares
B. Deffered shares
C. Bonus shares
D. Preference shares
|
| 4 | Dividend is calculated on. |
A. Registered capital
B. Issue Capital
C. Paid up Capital
D. Subscribed Capital
|
| 5 | The credit balacne of the retained earnings statement represents. |
A. Undisturbed Profit
B. Divided declared
C. Profit distributed
D. None of these
|
| 6 | The charter of the company containing the objects of whihc for company is being formed is called. |
A. Articles of association
B. Prospectus
C. Memorandum of associaton
D. Notice
|
| 7 | The person who take the initaiative in the matter of formation of a company are known as the. |
A. Promoters
B. Share holder
C. Director
D. Registered
|
| 8 | The maximum number of memebr in case of private limited comapny can be. |
A. Forty
B. Fifty
C. Sixty
D. No restriction on maximum number
|
| 9 | A person who purchases the share of the company becomes its. |
A. Share holder
B. Debenture holder
C. Under writer
D. Promoter
|
| 10 | If the price required to be paid to the company for the share less than the nominal value of that share, it is called shares. |
A. At discount
B. At primium
C. At par
D. None of these
|
Test Questions
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