A person who has applied to purchase shares in a company ...
A person who has applied to purchase shares in a company is referred to as
A promoter
A subscriber
An allottee
An underwriter
Correct answer is B
Companies issue their shares for subc=scription either publicly or by private placement. People who apply to subscribe (buy) the shares are subscribers.
The maximum level of cash held by by a cashier under an imprest system is a/an ...
The value of goods sent to a branch is debited to the ...
The main purpose of transaction file is ...
The budget statement presented to the legislature by the Chief Executive is called? ...
Which of the following is not true of revenue expenditure? i. It is incurred in one period of...
Which of the following is not an example of capital reserve? ...
Quick ratio is calculated as X-Y:Z, where ...
As a basis for assessing future usage, fixed assets are shown at ...