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Online Tests
Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test MCQs With Answers
Question # 1
Share applicaton account is in the nattur eof.
Choose an answer
Real account
Personal account
Nominal account
None of the above
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Question # 2
In case of public company minimum number of members is.
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Six
Seven
Ten
Fifty
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Question # 3
Interest on dividend is paid.
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At the end of financial period
During the fiancancial year
At the time of incorporation
At the time of winding of company
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Question # 4
Debenture holders are.
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Creditors
Owners
Customers of the company
Debtors
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Question # 5
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 # 6
Dividend is calculated on.
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Registered capital
Issue Capital
Paid up Capital
Subscribed Capital
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Question # 7
Registered company is
Choose an answer
2
3
4
5
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Question # 8
The owner wquity in a company is commonly called.
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Shareholder equity
promotors equity
Directors equity
None of these
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Question # 9
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 # 10
The charter of the company containing the objects of whihc for company is being formed is called.
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Articles of association
Prospectus
Memorandum of associaton
Notice
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Question # 11
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 # 12
Kind of company is.
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2
3
4
5
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Question # 13
Those debentures which carry no security as to payment of interest or repayment of principal, are known as.
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Morgagage debentures
Secured debentures
Simple of naked debentures
None of these
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Question # 14
The dividend paid to the shareeholders duirng the financial year is.
Choose an answer
Redeemable debentures
Irredeemable debentures
Repayable debebtures
None of these
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Question # 15
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 # 16
The dividend paid to the shareholders during the finaincial year is.
Choose an answer
Final dividend
Interim divident
Unclaimed divident
Proposed dividend
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