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Company Accounts Quiz

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Company Accounts Quiz

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About this activity

Fun practice on company finances

Created by

Mahfooz Khan
Mahfooz Khan
India

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Company Accounts Quiz
 

Company Accounts QuizOnline version

Fun practice on company finances

by Mahfooz Khan
1

What is authorised capital in a company?

2

Which term refers to the capital that has been actually issued to shareholders?

3

Paid-up capital means the amount that shareholders have:

4

What is subscribed capital?

5

Which capital category is used to show funds available for future calls?

6

What is 'application' in share issue terms?

7

What happens at allotment?

8

Which term describes the demand for shares before allotment is made?

9

What is a 'call' in share terms?

10

Which capital is the maximum limit set by the company’s charter?

11

If issued capital is Rs 1,00,000 and subscribers hold it all, what is the paid-up?

12

Which capital is yet to be called by the company?

13

Which capital category reflects funds that are actually received from shareholders?

14

Which term covers the amount of capital that remains to be paid by subscribers?

15

Which of the following is NOT a share issue stage?

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Authorised capital is the ceiling on share capital as per the charter.

Issued capital is the portion of authorised capital that has been issued to shareholders.

Paid-up is the cash actually received from shareholders for shares.

Subscribed capital is the part of issued capital that investors have agreed to buy.

Calls-in-arrears are amounts not yet paid by shareholders on calls.

Application is the initial offer from investor to buy shares.

Allotment assigns the issued shares to applicants who applied.

Application money is the payment received when applying for shares.

A call is when the company asks for remaining money on shares.

Authorised capital is the ceiling approved in the charter.

Paid-up cannot exceed issued capital; it equals amounts actually paid.

Calls in arrears are the unpaid portions due after calls.

Paid-up capital represents money received for shares.

Uncalled capital is the portion not yet called from shareholders.

Winding up is not a share issue stage; it's a dissolution process.

 
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