Question : Which of the following statements is/are correct?
Option 1: Authorized Capital < Issued Capital
Option 2: Authorized Capital > Issued Capital
Option 3: Subscribed Capital > Issued Capital
Option 4: None of the above
Correct Answer: Authorized Capital > Issued Capital
Solution : Answer = Authorized Capital > Issued Capital
Authorized capital refers to the maximum amount of capital a company is allowed to issue, while issued capital is the portion of authorized capital that has been issued to shareholders. Therefore, it is possible for the authorized capital to be greater than the issued capital. Hence, the correct option is 2.
Question : Which of the following assertions is accurate?
Question : Arrange the following in proper sequence as a type of share capital :
(a) Paid up Capital
(b) Issued Capital
(c) Subscribed Capital
(d) Called up Capital
Question : Direction: In the following question you have to identify the correct response from the given premises stated according to the following symbol.
If > denotes +, < denotes -, + denotes ÷, % denotes *, - denotes =, * denotes > and =
Question : Reserve capital is not a part of
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