Accounting For Company

Gmail:-

Name:-

Campus Name:-

Class:-

District:-

1. What is a share?

• A contract between the shareholder and the company.
• A unit of ownership in a company.
• A debt obligation of the company.
• None of the above.

2. What is the par value of a share?

• The minimum price at which a share can be issued and listed on Memorandum.
• The market price of a share.
• The dividend paid on a share.
• None of the above.

3. What is the difference between equity shares and preference shares?

• Equity shares have voting rights while preference shares do not.
• Preference shares have a fixed dividend rate while equity shares do not.
• Both have the same rights.
• Both are owner.

4. What is lump sum basis?

• Payment made in multiple installments.
• payment adjusted against future payment
• Payment made as single complete payment at the time of application.
• No payment was made.

5. What is the application money?

• Money paid by the applicant at the time of applying for shares.
• Money paid by the shareholder on allotment of shares.
• Money paid by the shareholder on final call.
• All of the above.