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Q. |
Consider the below mentioned statements: 1. A company is considered to be overcapitalised when its actual capitalisation is lower than the proper capitalisation as warranted by the earning capacity 2. Both over-capitalisation and under-capitalisation are detrimental to the interests of the society. State True or False: |
A. | 1-True, 2-True |
B. | 1-False, 2-True |
C. | 1-False, 2-False |
D. | 1-True, 2-False |
Answer» B. 1-False, 2-True |
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