Day: April 28, 2020

A public limited company registered in the United Kingdom must have an authorised share capital of at least . . .?

Select ONE answer:

1. £7,500
2. £30,000
3. £50,000
4. None of the above.

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 3

1. Not correct
2. Not correct
3. Correct – Per the Companies Acts
4. Not correct

 

This work is licensed under a Creative Commons Attribution 4.0 International License.