LW - Ch-16, Other company officers

Which of the following companies MUST have a company secretary?

•   Private limited company

• Unlimited liability company

• Public limited company

Which of the following parties associated with a company may NOT act as its company secretary?

• A company's sole director

• A company's accountant

• A company's solicitor

Which of the following parties associated with a company appoints the company secretary?

• The members

• The directors

• The auditor

Which of the following is eligible to act as a company's auditor?

•   An employee of the company

• The partner of an employee of a company

• The accountancy firm responsible for producing the company's accounts

Which of the following parties appoints the company's first ever auditors?

• The members 

• The Registrar of Companies

• The directors

Which of the following auditors are deemed automatically reappointed each year unless specific circumstances dictate otherwise?

• Auditors of public limited companies

• Auditors of private limited companies

• Auditors of quoted companies

Which of the following is the statutory duty of an auditor?

• To report to the members that the accounts are accurate and free from error

• To report to the members that the accounts give a true and fair view and have been properly prepared in accordance with the Companies Act

• To report to the members that the accounts have been prepared in line with accounting standards

Which of the following sets the specific duties expected of a company's secretary?

• The Articles of Association

•   The Companies Act

• The Memorandum of Association

• The Board of Directors

Which of the following contracts does a company secretary have the power to bind their company in?

• Purchase of inventory from a supplier

• Acquisition of a head office building

•   Car hire for transporting customers to meetings with the directors

• A bank loan

Which TWO of the following duties would a company secretary expect to perform?

• Establishing and maintaining the company's statutory registers

• Filing accurate returns with the Registrar of Companies.

• Hiring and firing directors

• Reviewing the work of the company auditor