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Online Tests
Principles of Accounting Icom Part 2 English Medium Chapter 8 Online Test MCQs With Answers
Question # 1
The debentures which are payable to bearere, are termed as.
Choose an answer
None transfereble
Registered debentures
Bearer debentures
Non - bearere debentures
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Question # 2
The total amount recived by the company out of the totla called up amount is known as the.
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Called up capital
Paid up capital
Issued capital
Reserve capital
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Question # 3
The maximum number of member in case of public limited company can be
Choose an answer
Forty
Fifty
Sixty
No restriction on maximum number
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Question # 4
The rules and regulation foverning the internal management and administration of the company are called.
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Memorandum of assocaition
Articles of association
Prospectus
None of these
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Question # 5
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 # 6
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 # 7
Debenture holders are.
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Creditors
Owners
Customers of the company
Debtors
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Question # 8
Registered company is
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2
3
4
5
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Question # 9
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 # 10
The maximum number of memebr in case of private limited comapny can be.
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Forty
Fifty
Sixty
No restriction on maximum number
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Question # 11
Those debentures which carry no security as to payment of interest or repayment of principal, are known as.
Choose an answer
Morgagage debentures
Secured debentures
Simple of naked debentures
None of these
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Question # 12
The owner wquity in a company is commonly called.
Choose an answer
Shareholder equity
promotors equity
Directors equity
None of these
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Question # 13
Debentures holders are.
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Creditors of the company
Owners of the company
Customer of the company
None of these
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Question # 14
The person who take the initaiative in the matter of formation of a company are known as the.
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Promoters
Share holder
Director
Registered
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Question # 15
The debentures which does not carry any charges o the assets of the company.
Choose an answer
Simple debentures
Mortagage debentures
Redeemable debentures
None of these
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