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

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

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

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

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

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

Joint stock company is an Artificaial person created by

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Law

Federal Govt

Registrar

Employees

The liability of the shareholder of a public limited company is.

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Unlimited

Limited

Compulsory

None of these

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

Unclaimed dividend is shown as.

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Asset

Liability

Deduction from paid up capital

None of these

In case of private company minimum numebr of sharaeholders are.

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Six

Seven

Ten

Two

A person who purchases the share of the company becomes its.

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Share holder

Debenture holder

Under writer

Promoter

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

Share capital int he balance sheet is known as.

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Asset

Liability

Income

Reserve

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

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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Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test MCQs With Answers

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