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Forwarded from Mohit Agarwal - Divya Agarwal MEPL Students Community
🚨 BIG ANNOUNCEMENT for CMA INTERMEDIATE - Group 2 Dec'26/June'27 Exams 📚
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Crossing marked "A/C Payee Only" primarily means:
Anonymous Quiz
3%
A. Encashment over the counter only
70%
B. Payment only through the account of the payee
24%
C. Cheque becomes non-transferable
3%
D. Payment only after endorsement
❤1
Securities Premium can be utilized for:
Anonymous Quiz
34%
A. Payment of Dividend
52%
B. Writing off Preliminary Expenses
9%
C. Payment of Directors' Remuneration
5%
D. Purchase of Inventory
❤1
Minimum number of Directors in a Public Company is:
Anonymous Quiz
4%
A. 1
26%
B. 2
60%
C. 3
10%
D. 5
❤1