CSS :: Business and Finance
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| 81. |
Amounts sacrificed by shareholders are credited to the: |
| A. |
Capital reserve account |
B. |
General reserve account |
| C. |
Capital reduction account |
D. |
Capital redemption reserve account |
Answer: Option C
Explanation:
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| 82. |
At the commencement of winding up, a contributory is a: |
| A. |
Creditor |
B. |
Debtor |
| C. |
Shareholder |
D. |
Debenture holder |
Answer: Option C
Explanation:
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| 83. |
The shareholding of the government in a government company must be at least: |
Answer: Option C
Explanation:
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