
Basic Auditing
Authored by Reshma Sorly
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University

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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ Preference shares , dividends are carried forward in the next year, if failed to pay.
Non-Cumulative
Cumulative
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Non- Participating preference shares do not enjoy ___________
the right to vote
the right to get dividend
the right to get dividend out of surplus profit
the right to get interest out of surplus profit
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Holders of Convertible Preference Shares can get the preference shares converted to _____ after a fixed period.
Debentures.
Equity Shares
Liquid Cash
4.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Share capital of a company is divided into small units .Every unit is known as __________.
5.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
When the shares are issued at a price more than the face value, it is known as share issued at________
6.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
The application money should be refund within _______ days from the closure of the issue.
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The Word audit is derived from the Latin word 'audire' which means
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