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Online Tests
Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test MCQs With Answers
Question # 1
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 # 2
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 # 3
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 # 4
The amount of share capital which a company is authroxzed to raise is called.
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Subscribed capital
Issued capital
Authorized capital
Paid up capital
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Question # 5
A prospectus for subscription of shares can be issued only by.
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Public company
A private company
Both public and private company
None of these
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Question # 6
The debentures which are repayable at the end of a specified period are termed as.
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Redeemeble debentures
Irredeemable debentures
Repayable debetures
None of these
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Question # 7
Joint stock company is an Artificaial person created by
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Law
Federal Govt
Registrar
Employees
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Question # 8
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 # 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
Unclaimed dividend is shown as.
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Asset
Liability
Deduction from paid up capital
None of these
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Question # 11
In case of private company minimum numebr of sharaeholders are.
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Six
Seven
Ten
Two
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Question # 12
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 # 13
A situation where a company receives application for a less number of shares than offered to the public for subscription is termed as.
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Oversubscription
Under subscription
No subscription
None of these
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Question # 14
Share capital int he balance sheet is known as.
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Asset
Liability
Income
Reserve
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Question # 15
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 # 16
A situation where a company receives a application for a large number of shares than offered to the public for subscription is termed as.
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Under subscription
Over subscription
General subscription
Above subscription
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