ICOM Part 2 English Medium Principles of Accounting Chapter 8 MCQ's Test

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12th Class Principle of Accounting Online MCQ's Test with Answers for Chapter 8 (Partnership Accounts-Retirement and Death)

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

Try the Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test.

  • Total Questions15

  • Time Allowed20

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Here is List Of ClassName Chapter Wise Tests

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

Sr. # Questions Answers Choice
1 The debentures which are repayable at the end of a specified period are termed as. Redeemeble debentures Irredeemable debentures Repayable debetures None of these
2 The dividend paid to the shareeholders duirng the financial year is. Redeemable debentures Irredeemable debentures Repayable debebtures None of these
3 The amount of share capital with which a company is registered is called. Authorized capital Issued capital Paid up capital Called up capital
4 Premium on issue of share is a. Capital profit Business loss Revenue profit Revenue loss
5 A prospectus for subscription of shares can be issued only by. Public company A private company Both public and private company None of these
6 A situation where a company receives more application than actual number of shares offered to the public for subscriptions is termed as. Oversubscription Udner subscription No subscripition None of these
7 Ordinary shares are also known as. Equity shares Deffered shares Bonus shares Preference shares
8 A situation where a company receives a application for a large number of shares than offered to the public for subscription is termed as. Under subscription Over subscription General subscription Above subscription
9 If the price required to be paid to the company for the share is equal to the nominal value of that share it is called. At discount At premium At par None of these
10 The documents which contains the rules and regulation for the internal management of the company is called. Prospectus Articles of assocaition Memorandum of association Notice
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