Accounting Multiple Choice Question – 28 April 2020

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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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

 

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