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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
00:00
Question # 1
The amount of share capital which a company is authroxzed to raise is called.
Question # 2
The company formed by teh means of Royal Charter is called.
Question # 3
The dividend paid to the shareholders during the finaincial year is.
Question # 4
The maximum number of member in case of public limited company can be
Question # 5
A certificat issue by the company under its seal acknowledging a debt due by it to its holder, is called.
Question # 6
The powers of company are governed by the.
Question # 7
The debentures which are payable to bearere, are termed as.
Question # 8
In case of public company minimum number of members is.
Question # 9
The owner wquity in a company is commonly called.
Question # 10
Those debentures which carry no security as to payment of interest or repayment of principal, are known as.
Question # 11
Joint stock company is an Artificaial person created by
Question # 12
The charter of the company containing the objects of whihc for company is being formed is called.
Question # 13
Ordinary shares are also known as.
Question # 14
The profit earned prior to the date of incorporatin is.
Question # 15
In case of private company minimum numebr of sharaeholders are.
ICOM Part 2 English Medium Principles of Accounting Chapter 8 MCQ's Test
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ICom Part II Principles of Accounting Chapter 0 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The documents which contains the rules and regulation for the internal management of the company is called. |
A. Prospectus
B. Articles of assocaition
C. Memorandum of association
D. Notice
|
| 2 | The dividend paid to the shareholders during the finaincial year is. |
A. Final dividend
B. Interim divident
C. Unclaimed divident
D. Proposed dividend
|
| 3 | Share capital int he balance sheet is known as. |
A. Asset
B. Liability
C. Income
D. Reserve
|
| 4 | Kind of company is. |
A. 2
B. 3
C. 4
D. 5
|
| 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. |
A. At discount
B. At primium
C. At par
D. None of these
|
| 6 | The shares of public limited company are. |
A. Not refundable
B. Not tanserable
C. Transferable
D. No allotable
|
| 7 | The profit earned prior to the date of incorporatin is. |
A. Revenue profit
B. Capital profit
C. Capital gain
D. Revenue gain
|
| 8 | Premium on issue of share is a. |
A. Capital profit
B. Business loss
C. Revenue profit
D. Revenue loss
|
| 9 | Share applicaton account is in the nattur eof. |
A. Real account
B. Personal account
C. Nominal account
D. None of the above
|
| 10 | The loss prior to the date of incorporation of a company is. |
A. Revenue loss
B. Capital loss
C. Liability
D. None of these
|
Test Questions