[{"id":244352,"question":"The document which contains the fundamental conditions of incorporation and the obejedcts for which the company was formed is called.","choices":[{"text":"Memorandum of association","value":"A"},{"text":"Article of association","value":"B"},{"text":"Prospectus","value":"C"},{"text":"None of he above","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244351,"question":"The rules and regulation foverning the internal management and administration of the company are called.","choices":[{"text":"Memorandum of assocaition","value":"A"},{"text":"Articles of association","value":"B"},{"text":"Prospectus","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244350,"question":"Interest on dividend is paid.","choices":[{"text":"At the end of financial period","value":"A"},{"text":"During the fiancancial year","value":"B"},{"text":"At the time of incorporation","value":"C"},{"text":"At the time of winding of company","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244349,"question":"The loss prior to the date of incorporation of a company is.","choices":[{"text":"Revenue loss","value":"A"},{"text":"Capital loss","value":"B"},{"text":"Liability","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244348,"question":"The credit balacne of the retained earnings statement represents.","choices":[{"text":"Undisturbed Profit","value":"A"},{"text":"Divided declared","value":"B"},{"text":"Profit distributed","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244347,"question":"Dividend is calculated on.","choices":[{"text":"Registered capital","value":"A"},{"text":"Issue Capital","value":"B"},{"text":"Paid up Capital","value":"C"},{"text":"Subscribed Capital","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244346,"question":"The dividend paid to the shareholders during the finaincial year is.","choices":[{"text":"Final dividend","value":"A"},{"text":"Interim divident","value":"B"},{"text":"Unclaimed divident","value":"C"},{"text":"Proposed dividend","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244345,"question":"Those debentures which carry no security as to payment of interest or repayment of principal, are known as.","choices":[{"text":"Morgagage debentures","value":"A"},{"text":"Secured debentures","value":"B"},{"text":"Simple of naked debentures","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244344,"question":"The dividend paid to the shareeholders duirng the financial year is.","choices":[{"text":"Redeemable debentures","value":"A"},{"text":"Irredeemable debentures","value":"B"},{"text":"Repayable debebtures","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244343,"question":"Those debentures wihch carry no security as to payment of interest or repayment of principal, are known as.","choices":[{"text":"Morigage debentures","value":"A"},{"text":"Secured debentures","value":"B"},{"text":"Simple or naked debentures","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244342,"question":"The debentures which are repayable at the end of a specified period are termed as.","choices":[{"text":"Redeemeble debentures","value":"A"},{"text":"Irredeemable debentures","value":"B"},{"text":"Repayable debetures","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":244341,"question":"The profit earned prior to the date of incorporatin is.","choices":[{"text":"Revenue profit","value":"A"},{"text":"Capital profit","value":"B"},{"text":"Capital gain","value":"C"},{"text":"Revenue gain","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244340,"question":"Share applicaton account is in the nattur eof.","choices":[{"text":"Real account","value":"A"},{"text":"Personal account","value":"B"},{"text":"Nominal account","value":"C"},{"text":"None of the above","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244339,"question":"Share capital int he balance sheet is known as.","choices":[{"text":"Asset","value":"A"},{"text":"Liability","value":"B"},{"text":"Income","value":"C"},{"text":"Reserve","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244338,"question":"Debentures holders are.","choices":[{"text":"Creditors of the company","value":"A"},{"text":"Owners of the company","value":"B"},{"text":"Customer of the company","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1}]