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Question-1
Identify the share holder from the following.
(A)
After the payment of all liabilities surplus if any is paid to him
(B)
Surplus is not paid to him
(C)
He is just the creditors of the company
(D)
He is not entitled to participate in the management of the company
Question-2
Identify the share holder from the following
(A)
He is just the creditors of the company
(B)
He is not entitled to participate in the management of the company
(C)
Surplus is not paid to him
(D)
He is the owners of the company
Question-3
When debentures are issued for an amount equal to the face value of debenture but redeemable at a par they are said to be____________.
(A)
Issued at premium and redeemable at par
(B)
Issued at discount and redeemable at par
(C)
Issued at par and redeemable at par
(D)
None of these
Question-4
Identity the Debenture from the company.
(A)
A part of the capital of the company
(B)
Dividend is paid only when there are profit in the company
(C)
The rate of interest is fixed
(D)
The rate of Dividend may change
Question-5
Identify the shares from the following
(A)
It cannot be converted into debentures
(B)
It can be converted into shares
(C)
Rate of interest is fixed
(D)
A part of the loan of the company
Question-6
_____________ debenture is one whose holder name and address is entered in the register kept by the company.
(A)
Bearer debenture
(B)
Registered debenture
(C)
Unsecured debenture
(D)
Mortgaged debenture
Question-7
The debenture which will be repaid after the first debenture are as ________ debenture.
(A)
First
(B)
Second
(C)
Third
(D)
Fourth
Question-8
Identify the Debenture holder from the following.
(A)
He is the owner of the company
(B)
He is entitled to participate in the management of the company
(C)
He is not entitled to participate in the management of the company
(D)
He is called share holder
Question-9
Secured debenture is also known as ----------------
(A)
Registered debenture
(B)
Bearer debenture
(C)
Mortgaged debenture
(D)
Naked debenture
Question-10
Identify the Year of companies act
(A)
1942
(B)
1935
(C)
1947
(D)
1956
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Plus 2 Commerce
ICSE/ISC
Practice in Related Chapters
Partnership Accounts : Distribution of Profits
Goodwill - Concept and Mode its Valuation
Partnership Accounts : Admission of Partner
Capital Adjustment of Change of Profit Sharing Ratio
Admission of a Partner
Final Accounts of Companies
Joint Stock Company Accounts: Issue of Debentures
Cost Accounting An Introduction
Joint Venture Account
Sectional Balancing and Self Balancing System
Ratio Analysis
Cost Accounting Inventory Valuation
Cash Flow Statement
Cost Accounting Cost Sheet
Cash Flow Statement
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