πŸ“Š Corporate Accounting
Q. In …... the company offers the investors an opportunity to bid collectively.
  • (A) Private Placement
  • (B) Offer for sale
  • (C) Book building
  • (D) IPO
πŸ’¬ Discuss
βœ… Correct Answer: (C) Book building
πŸ“Š Corporate Accounting
Q. IPO stands for ………………
  • (A) Initial Private Offer
  • (B) International Public Offer
  • (C) Initial Public Offer
  • (D) International Private Offer
πŸ’¬ Discuss
βœ… Correct Answer: (C) Initial Public Offer
πŸ“Š Corporate Accounting
Q. A bundle of fully paid shares is called……………..
  • (A) Stock
  • (B) Sweat Equity
  • (C) Warrant
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (A) Stock
πŸ“Š Corporate Accounting
Q. …………..shares are repayable after the expiry of the fixed period or at the option of the company.
  • (A) Participating
  • (B) Convertible
  • (C) Cumulative
  • (D) Redeemable
πŸ’¬ Discuss
βœ… Correct Answer: (D) Redeemable
πŸ“Š Corporate Accounting
Q. In case of ……………..preference shares, the arrears of dividend are carried forward and paid out of the profits of the subsequent years.
  • (A) Participating
  • (B) Convertible
  • (C) Cumulative
  • (D) Redeemable
πŸ’¬ Discuss
βœ… Correct Answer: (C) Cumulative
πŸ“Š Corporate Accounting
Q. …………..is that portion of capital which is called up only on winding up of the company.
  • (A) Authorised Capital
  • (B) Issued capital
  • (C) Subscribed capital
  • (D) Reserve capital
πŸ’¬ Discuss
βœ… Correct Answer: (D) Reserve capital
πŸ“Š Corporate Accounting
Q. Authorised capital is called as……………
  • (A) Reserve capital
  • (B) Nominal Capital
  • (C) Capital Reserve
  • (D) Subscribed capital
πŸ’¬ Discuss
βœ… Correct Answer: (B) Nominal Capital
πŸ“Š Corporate Accounting
Q. ……….is the first stage in the formation of a public company
  • (A) Promotion
  • (B) Incorporation
  • (C) Capital Subscription
  • (D) Commencement
πŸ’¬ Discuss
βœ… Correct Answer: (A) Promotion
πŸ“Š Corporate Accounting
Q. A company in which the transferability of share is restricted is called as …………..
  • (A) Government Company
  • (B) Private Company
  • (C) Public Company
  • (D) Foreign Company
πŸ’¬ Discuss
βœ… Correct Answer: (B) Private Company
πŸ“Š Corporate Accounting
Q. The company in which the liability of members is liable to pay the agreed amount at the time of winding up is called as …………..
  • (A) Unlimited Company
  • (B) Company limited by shares
  • (C) Company limited by guarantee
  • (D) Liquidating Company
πŸ’¬ Discuss
βœ… Correct Answer: (C) Company limited by guarantee