Scribd
Upload
37 views6 pages

MCQ Entrnshp

This document provides 12 multiple choice questions about objectives related to ICOM (companies ordinance). Each question is followed by 5 potential answers and a link to click for the answer. The questions cover topics like when a joint stock company was formed, what a person who buys shares is called, the maximum number of members in a public limited company, what body fixes the company capital, when companies were required to register, whether company audits are compulsory, the nature of preliminary expenses, what it means for a company to be listed, whether public limited company shares are transferable, and under which section non-profit associations must register.

Uploaded by

Aaaaa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
37 views6 pages

MCQ Entrnshp

This document provides 12 multiple choice questions about objectives related to ICOM (companies ordinance). Each question is followed by 5 potential answers and a link to click for the answer. The questions cover topics like when a joint stock company was formed, what a person who buys shares is called, the maximum number of members in a public limited company, what body fixes the company capital, when companies were required to register, whether company audits are compulsory, the nature of preliminary expenses, what it means for a company to be listed, whether public limited company shares are transferable, and under which section non-profit associations must register.

Uploaded by

Aaaaa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 6

Welcome to library of free Tutorials

Objectives MCQs Of ICOM


Objectives MCQs Of ICOM
(1) In companies ordinance, a joint stock company is
formed in…….

a) 1884

b) 1962

c) 1978

d) 1984

e) 1988

 Answer - Click Here:

(2) A joint stock company is an important organization


for…….
a) A large amount of capital
b) No amount of capital
c) A limited amount of capital
d) A small amount of capital
e) C and D

 Answer - Click Here:

(3) A person who buy shares one or more then one is


known as……

a) An agent of the company

b) Employees of the company

c) Member of the company

d) Director of the company

e) None of the above

 Answer - Click Here:

(4) The maximum number of members in a Public


limited company is…..

a)Ten

b) Five hundred

c) Thirty

d) Limited

e) Unlimited

 Answer - Click Here:

(5) The company capital is fixed by…..


a) Auditors

b) Memorandum

c) Public

d) General secretary

e) Promoter

 Answer - Click Here:

(6) In companies ordinance, company registered in……

a) 1931

b) 1944

c) 1948

d) 1984

e) None of the above

 Answer - Click Here:

(7) The audit account of the company is……….

a) Restricted

b) As per requirement

c) Compulsory

d) Optional

e) All of the above

 Answer - Click Here:

C
(8) The nature of preliminary expenses are…
a) Capital expenses
b) Revenue expenses
c) Indirect expenses
d) Direct expenses
e) None of the above

 Answer - Click Here:

(9) The company which is listed is known as……….

a) Reserve in fixed

b) Reserve in understated

c) Securites are listed

d) Securities are not listed

e) None of the above

 Answer - Click Here:

(10) Shares of the public limited company is……

a) Transferable

b) Not transferable

c) Not alloted

d) Not refundable

e) None of the above

 Answer - Click Here:

(11) In companies ordinance, not for profit association


is registered in……
a) Section 318

b) Section 48

c) Section 42

d) Section 24

e) All of the above

 Answer - Click Here:

(12) The company power is governed by…….


a) Articles of association
b) Prospectus
c) Shareholders
d) Memorandum of association
e) None of the above

 Answer - Click Here:

Share This 0

Related Posts:

Accounting MCQs for


ICOM Subject Objectives ICOM
Objectives of Principle of
Objectives of Accounting Accounting from book
From book chapters chapters

Objectives Of Islamiat Objectives of Biology


From Book Chapters From Book Chapters

LEAVE A COMMENT

Name * Email *

Comment * 0 out of 65525

* - Required fields

Submit

You might also like