Accounting Multiple Choice Question – 31 August 2017

Accounting

What does the abbreviation ‘Ltd’ indicate in the name of a company?

Select ONE answer:

  1. The amount of debentures that can be issued is limited
  2. The company’s capital is limited to a fixed account
  3. The shareholder’s liability for the company’s debts is limited
  4. The shareholder’s liability for the company’s debts is unlimited
  5. The amount of debentures that can be issued is unlimited

What is a public limited company?……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Accounting KS5 classes.

The answer is 3 – Limited mean Ltd is a suffix that follows the name of a company, indicating it is a private limited company. In a limited company, shareholders’ liability is limited to the capital they originally invested.

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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