Which of the following is a source of revenue to a local government authority?
Poll tax
Excise duty
Paid tax
Value added tax
Correct answer is A
No explanation has been provided for this answer.
Which of the following attracts a fixed rate of dividend?
Ordinary shares
Founders shares
Preference shares
Deferred shares
Correct answer is C
No explanation has been provided for this answer.
premium
bonus
shares
debenture
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a real account?
building account
motor vehicle account
patents account
furniture account
Correct answer is C
No explanation has been provided for this answer.
Holder of ordinary shares do not have the right to
participate in additional issue of shares
vote at annual general meetings
elect the board of directors
receive dividends at a predetermined rate
Correct answer is D
No explanation has been provided for this answer.