We provide complete coaching for Commerece and Arts stream from Class 12 to Master Degree level. A) Profit maximization. _____ means the total amount of called up capital on the shares issued and subscribed by the shareholders on capital account. D) Net additions made to the nation’s capital stocks. Multiple Choice Questions and Answers (MCQs) For CA, CMA and CS Examination. The MCQ Questions for Class 12 Accountancy with answers have been prepared as per the latest 2021 syllabus, NCERT books and examination pattern suggested in Standard 12 by CBSE, NCERT and KVS. Home; Courses. The concept of Financial management is. They are contemplating commencing an action against the directors for oppressive and unfair conduct. ... the shareholders holding at least _____ or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company. a) Yes b)No 17 Company’s owners are shareholders. a. They recently discovered that while the company paid minimal dividends this financial year, the salaries of the executive directors increased by over 200%. CBSE Class 12 Accountancy Accounting For Share Capital MCQs Set A with answers available in Pdf for free download. Interest B. A company transferred ownership of one of its divisions to the companys existing shareholders, and the shareholders received new stock representing separate ownership rights in … Dynamic Tutorials and Services is a Leading Coaching Centre of Tinsukia District. SEE ALSO: Multiple Choice Questions on Information Technology Act with Answers a. The liability of shareholders for the company’s debts is limited (d) There is a limit on the amount of debts that the company … MCQ Questions for Class 11 Business Studies: Ch 7 Formation of a Company. 6. On that day due to fire accident in the Hall, all shareholders died. So the company property belongs to the share holders. c) the creation of value for shareholders. c) the president of the company. C. 20. MCQ Questions for Class 11 Business Studies: Ch 7 Formation of a Company. 21. Maximum number of members in a private company is : 7; 200; 20; No Limit; Capital of a Company is divided in units which is called : Debenture; Share; Stock; Bond; Shareholders receive from the company : Interest; Commission; Profit; Dividend; MCQs Questions of Class – 12 Accountancy Chapter 7 – Issue of Shares. b) the minimization of the amount of taxes paid by the firm. About Kumar Nirmal Prasad Kumar Nirmal Prasad is the founder and CEO of Dynamic tutorials and Services. Share b. The focal point of financial management in a firm is: a) the number and types of products or services provided by the firm. Types of Businesses MCQs is a page for sudents studing accounting. Ans. B) Use of capital on assets to receive returns. Share capital account C. Reserve capital account D. Share premium account Answer D Capital of a Company is divided in units which is called : A. a)Yes b)No Public ltd c. Partnership d. all of the above. We have also given the answers for the Multiple Choice Questions MCQ on Companies Act 1956. Debenture B. 16 XYZ Company conducted an AGM on 1 st Sept.2007. 2. (b) 3. Commission C. Profit D. Dividend Answer: D Answer Key (d) 2. NCERT Solutions; _Class 6; ... 5. These MCQ’s on Company Law will be useful for UG & PG students like MBA, BBA, B.COM, BCS, ACS and other courses.This can also be consider for MCQ’s for LAB Do you agree with this statement? a. Multiple Choice Questions for important part of exams for Grade 12 Accountancy … Share C. Stock D. Bond Answer: B Shareholders receive from the company : A. The shares of a _____ company can be freely transferable. Will the company will be in existence? In this article you can find Multiple Choice Questions on Companies Act with answers. Answer: B. Private ltd b. 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