Share Capital MCQs
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Next Practice: Bill of Exchange MCQs
MCQs 1 to 10
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1. The maximum amount of stock that may be issued according to the corporation’s charter is referred to as the?
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2. Company receives more application than shares issued in?
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3. Ordinary shares are also called?
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4. If a share of Rs. 10 is issued at 10% premium, then issue price of share will be?
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5. How many legal basic documents of a public company are?
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6. The shares of a public limited company generally?
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7. The sum of the par value of the shares of a company is called?
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8. Discount on issue of shares is a?
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9. The face value of a share is also known as?
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10. Shared offered to general public for contribution are called?
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>> Read Accounting for Share Capital
MCQs 11 to 20
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11. Issue of shares at a price less than face value is called?
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12. Authorized capital is also called?
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13. The portion of called up capital which has been actually paid by shareholders is called?
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14. If a share of Rs. 10 is issued at 10% discount, then issue price of share will be?
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15. The total par value of shares taken up by the public is called?
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16. It is that portion of subscribed capital which has been actually paid by shareholders is called?
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17. The value which is printed on shares is called?
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18. If shares are issued at face value by company then it is called?
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19. The amount of share capital with which a company registered is called?
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20. Issue of shares at a price more than the face value or nominal value is called?
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>> Practice Final Accounts MCQs
References
Mukharji, A., & Hanif, M. (2003). Financial Accounting (Vol. 1). New Delhi: Tata McGraw-Hill Publishing Co.
Narayanswami, R. (2008). Financial Accounting: A Managerial Perspective. (3rd, Ed.) New Delhi: Prentice Hall of India.
Ramchandran, N., & Kakani, R. K. (2007). Financial Accounting for Management. (2nd, Ed.) New Delhi: Tata McGraw Hill.
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