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Accounting for ...

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  • Question 1
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    An authorized capital refers to __________________.

  • Question 2
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    Free transferability of share is the characteristic of the company. It is possessed by __________________.

  • Question 3
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    A member can not be held liable for the acts of the company even if he holds virtually the entire share capital. This is related to:

  • Question 4
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    Select the correct answer from the possible choices given below:
    A __________ is indivisible unit of share capital.

  • Question 5
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    A company is an association registered under _______________.

  • Question 6
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    A company has a separate legal entity from _____________.

  • Question 7
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    Common Seal means the official signature of ________________.

  • Question 8
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    A preference shares is one which carries _______________________.

  • Question 9
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    X Ltd. was formed with a capital of Rs 10,00,000 divided into shares of Rs 10 each, It offered 90% shares called up 40% on application and 20% on allotment. The subscribers paid Rs 3,40,000 on application and Rs 1,69,000 on allotment. The subscribed capital is ___________.

  • Question 10
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    Cumulative Preference Share is one on which __________________.

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