Corporate Accounting MCQ
Given below are Corporate Accounting MCQ with answers. These multiple choice questions are useful for BBA, B Com, MBA, MMS, M Com, BA, MA, and PGDM students. These corporate accounting mcq questions can also be used for UGC NET, SET, Ph D, UPSC, and MPSC competitive entrance exams.
Corporate Accounting MCQ
31) Assertion (A) :The liability of share holders in a private limited company is limited to the amount.
Reason (R) :The number of share holders of a private limited company is limited to fifty.
A. Both A and R are true and R is the correct explanation of A
B. Both A and R are true but R is not a correct explanation of A
C. A is true but R is false
D. A is false but R is true
Option: D
32) Match the following
List-I (Type of Value) List-II (Features of Value)
(a) Market Value 1. Price which is present in market
(b) Intrinsic Value 2. Net Assets
(c) Liquidation Value 3. Value at wind up
(d) Salvage Value 4. Scrap Value
5. Cost Price
A.
(a) (b) (c) (d)
1 4 3 2
B.
(a) (b) (c) (d)
1 2 3 4
C.
(a) (b) (c) (d)
1 3 2 4
D.
(a) (b) (c) (d)
1 4 3 5
Option: B
33) Liquidator‘s statement of receipt and payment is known as
A. Cash flow statement
B. Deficiency a/c
C. Statement of affairs
D. Liquidator‘s final statement of A/c
Option: D
34) Suppliers and creditors of a firm are interested in
A. Profitability position
B. Liquidity position
C. Market share position
D. Debt position
Option: B
35) Which is the form of dividend?
A. Cash dividend
B. Bond dividend
C. Stock dividend
D. All of these
Option: D
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36) Which is the type of dividend?
A. Cash Dividend
B. Interest
C. Profit cum-reserve
D. Flexible Capital
Option: A
37) Which is not the form of dividend?
A. Regular
B. Stock
C. Property
D. Zero Dividend
Option: D
38) The dividend on equity shares is only paid when dividend on ——- has already been paid.
A. Debenture
B. Preference Shares
C. Bond
D. Equity Shares
Option: B
39) A company pays dividend at the
A. End of the week
B. End of the financial year
C. End of the month
D. All of the above
Option: B
40) Which one is the principle of capital structure?
A. Cost principle
B. Risk principle
C. Control principle
D. All of these
Option: D
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