PU COM 2026 Company Accounts Free Quiz 1

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PU COM 2026 Company Accounts Free Quiz 1

PU COM Quiz

10:00

Answered: 0 / 10

Remaining: 10

Navigator 10 Q

General

General 10 MCQs

1. What is a company?

A. Legal entity B. Partnership C. Sole proprietorship D. Cooperative society

2. What is the total amount raised through shares called?

A. Debt capital B. Share capital C. Reserves D. Retained earnings

3. What is the maximum capital a company can issue?

A. Issued capital B. Called-up capital C. Authorized capital D. Paid-up capital

4. What is the portion of authorized capital offered to the public?

A. Authorized capital B. Called-up capital C. Paid-up capital D. Issued capital

5. What happens when a shareholder fails to pay for shares?

A. Forfeiture B. Surrender C. Transfer D. Redemption

6. What are long-term debt instruments issued by a company?

A. Shares B. Debentures C. Bonds D. Loans

7. What is the distribution of profits to shareholders called?

A. Interest B. Bonuses C. Dividends D. Commissions

8. What document defines the constitution of a company?

A. Articles of association B. Prospectus C. Share certificate D. Memorandum of association

9. What document contains rules for internal management?

A. Articles of association B. Memorandum C. Prospectus D. Share certificate

10. What document invites the public to subscribe to shares?

A. Memorandum B. Prospectus C. Articles D. Share certificate

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Quantitative Reasoning: 20 MCQs

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