McqMate
Sign In
Hamberger menu
McqMate
Sign in
Sign up
Home
Forum
Search
Ask a Question
Sign In
McqMate Copyright © 2026
→
Bachelor of Business Administration (BBA...
→
Corporate Accounting
→
……..is a charge against profit of the co...
Q.
……..is a charge against profit of the company
A.
Provision
B.
Reserves
C.
Surplus
D.
All of these
Answer» A. Provision
1.8k
0
Do you find this helpful?
20
View all MCQs in
Corporate Accounting
Discussion
No comments yet
Login to comment
Related MCQs
When charge is created against specific assets of the company, it is called ‐‐‐‐‐‐‐‐‐‐‐‐‐ charge.
The company earns a net profit of 24,000 with a capital of1,20,000. The NRR is 10%. Under capitalisation of super profit, goodwill will be ___________.
-------- debentures are secured by a charge on the assets of the company.
Debentures issued with a fixed or a floating charge on the assets of the company are called ‐‐‐‐‐‐‐‐‐‐‐ debentures
------- profit means profit which would otherwise be available for distribution of dividend.
In………., an existing company’s financial structure is reorganized without liquidating the existing company and forming a new company.
In case of .............., one existing company takes over the business of another company and no new company is formed
In case of .............., one existing company takes over the business of another company and no new company is formed.
In case of inter-company holdings, the purchasing company, at the time of payment of the purchase consideration, surrenders the shares in the vendor company by crediting:
Which of the following can be utilized for the redemption of preference shares of a company out of profit: