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Online Tests
Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test MCQs With Answers
Question # 1
In case of public company minimum number of members is.
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Six
Seven
Ten
Fifty
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Question # 2
Premium on issue of share is a.
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Capital profit
Business loss
Revenue profit
Revenue loss
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Question # 3
The shares of public limited company are.
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Not refundable
Not tanserable
Transferable
No allotable
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Question # 4
The company formed by teh means of Royal Charter is called.
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Public limited company
Private limited company
Charterd company
Registered company
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Question # 5
Equity share holders are.
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Creditors
Owners
Customers of the company
Debtors of the company
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Question # 6
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 # 7
The powers of company are governed by the.
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Sharehoders
Memorandum of association
Prospectus
Articles of association
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Question # 8
Kind of company is.
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2
3
4
5
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Question # 9
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 # 10
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 # 11
The value of the share as quoted on the stock exchange is said to be
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Par value
Book value
Cost value
Market value
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Question # 12
Unclaimed dividend is shown as.
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Asset
Liability
Deduction from paid up capital
None of these
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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
If the price required to be paid to the company for the share is more than nominal value of that share, it is called.
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At discount
At premium
At par
None of these
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Question # 15
Ordinary shares are also known as.
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Equity shares
Deffered shares
Bonus shares
Preference shares
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