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Online Tests
Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test MCQs With Answers
Question # 1
The toal amount of capital, in case of company is divided into small units, these units are called.
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Bonds
Cheque
Share
Reserve
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Question # 2
The debentures which are payable to bearere, are termed as.
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None transfereble
Registered debentures
Bearer debentures
Non - bearere debentures
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Question # 3
The profit earned prior to the date of incorporatin is.
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Revenue profit
Capital profit
Capital gain
Revenue gain
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Question # 4
The dividend paid to the shareholders during the finaincial year is.
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Final dividend
Interim divident
Unclaimed divident
Proposed dividend
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Question # 5
A person who purchases the share of the company becomes its.
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Share holder
Debenture holder
Under writer
Promoter
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Question # 6
Debentures holders are.
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Creditors of the company
Owners of the company
Customer of the company
None of these
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Question # 7
Debenture holders are.
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Creditors
Owners
Customers of the company
Debtors
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Question # 8
The maximum number of memebr in case of private limited comapny can be.
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Forty
Fifty
Sixty
No restriction on maximum number
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Question # 9
A company comes into existence when the registrar issue the
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Prospectus
Certificate of incorporation
statement in Lieu of prospectus
Companies ordinance
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Question # 10
The liability of the shareholder of a public limited company is.
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Unlimited
Limited
Compulsory
None of these
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Question # 11
The shares of public limited company are.
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Not refundable
Not tanserable
Transferable
No allotable
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Question # 12
Share applicaton account is in the nattur eof.
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Real account
Personal account
Nominal account
None of the above
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Question # 13
The sum total of the nominal vaue of shares of company is called is.
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Issued capital
Subscribed capital
Share capital
Called up capital
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Question # 14
Joint stock company is an Artificaial person created by
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Law
Federal Govt
Registrar
Employees
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Question # 15
The loss prior to the date of incorporation of a company is.
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Revenue loss
Capital loss
Liability
None of these
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