INTER QUIZ
Who is responsible for signing the Annual Return?
Who is responsible for signing the Annual Return?
Anonymous Quiz
20%
A. Auditor only
77%
B. Director & Company Secretary
1%
C. Any employee
2%
D. Shareholder
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FOUNDATION QUIZ
Moral pressure is involved in the case of
Moral pressure is involved in the case of
Anonymous Quiz
25%
(a) Coercion
57%
(b) Undue Influence
13%
(c) Misrepresentation
5%
(d) Fraud
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INTER QUIZ
The first AGM of a company must be held within:
The first AGM of a company must be held within:
Anonymous Quiz
34%
A. 6 months from incorporation
48%
B. 9 months from end of first financial year
11%
C. 9 months from incorporation
7%
D. 12 months from incorporation
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PROFESSIONAL LEVEL QUIZ
A company includes inventory held by a third-party warehouse in its financial statements but fails to disclose that such inventory is not in its physical possession. Which assertion is primarily violated?
A company includes inventory held by a third-party warehouse in its financial statements but fails to disclose that such inventory is not in its physical possession. Which assertion is primarily violated?
Anonymous Quiz
17%
Occurrence / Existence
21%
Completeness
56%
Disclosure & Presentation
6%
Obligations & Rights
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FOUNDATION QUIZ
A contract is discharged by rescission which means the
A contract is discharged by rescission which means the
Anonymous Quiz
29%
(a) change in one or more terms of the contract
27%
(b) acceptance of lesser performance
12%
(c) abandonment of rights by a party
32%
(d) cancellation of the existing contract
❤1
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