MCQ - Introduction to Company Accounts CA Foundation Notes | EduRev

Principles and Practice of Accounting

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CA Foundation : MCQ - Introduction to Company Accounts CA Foundation Notes | EduRev

 Page 1


CPT Section A, Chapter 9, Fundamental of Accountancy, 
Unit I 
CA. Shakuntala Chhangani 
smchhangani@yahoo.com 
 
Page 2


CPT Section A, Chapter 9, Fundamental of Accountancy, 
Unit I 
CA. Shakuntala Chhangani 
smchhangani@yahoo.com 
 
MCQ’s 
Page 3


CPT Section A, Chapter 9, Fundamental of Accountancy, 
Unit I 
CA. Shakuntala Chhangani 
smchhangani@yahoo.com 
 
MCQ’s 
a) Separate legal entity 
b) Common seal 
c) Perpetual succession 
d) Members have unlimited liability 
Answer: (d) 
Page 4


CPT Section A, Chapter 9, Fundamental of Accountancy, 
Unit I 
CA. Shakuntala Chhangani 
smchhangani@yahoo.com 
 
MCQ’s 
a) Separate legal entity 
b) Common seal 
c) Perpetual succession 
d) Members have unlimited liability 
Answer: (d) 
a) 50% 
b) 51% 
c) Not less than 51% 
d) None of the above 
Answer: (d) 
Page 5


CPT Section A, Chapter 9, Fundamental of Accountancy, 
Unit I 
CA. Shakuntala Chhangani 
smchhangani@yahoo.com 
 
MCQ’s 
a) Separate legal entity 
b) Common seal 
c) Perpetual succession 
d) Members have unlimited liability 
Answer: (d) 
a) 50% 
b) 51% 
c) Not less than 51% 
d) None of the above 
Answer: (d) 
a) 50% 
b) 51% 
c) Not less than 51% 
d) None of the above 
Answer: (c) 
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