Accounting Multiple Choice Question – 27 April 2020

A PLC is . . .?

Select ONE answer:

1. a company whose shares are ‘listed’ on a recognised Stock Exchange.
2. a public limited company.
3. a private limited company.
4. a public sector body.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 2

1. Not correct
2. Correct – Although shares in most PLCs are traded on a recognised Stock Exchange they do not have to be in order for the company to be a PLC.
3. Not correct
4. Not correct

 

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