Explore topic-wise MCQs in Accounting And Auditing.

This section includes 2 Mcqs, each offering curated multiple-choice questions to sharpen your Accounting And Auditing knowledge and support exam preparation. Choose a topic below to get started.

1.

Merger of two companies under the Board for Industrial and Financial Reconstruction (BIFR) supervision is known as

A. Reverse merger
B. Negotiated merger
C. Offer for sale
D. Arranged merger
Answer» E.
Discussion
2.

Following are the events which generally happen in the life of a public limited company a) Public issue of shares (IPO)b) Firm Incorporationc) Preliminary expendituresd) Issue of equity shares to promoters of the companyChoose the correct sequence (chronological order) of the events from the options given below:

A. → b) → c) → d)
B. → c) → d) → a)
C. → b) → a) → d)
D. → b) → d) → a)
Answer» E.
Discussion