Author name: Administrator

88. Which of the following capital is required for the registration of the company?

Issued capital
Subscribed capital
Authorized capital
Reserve capital
✅ The correct answer is C.
Authorized capital is required for the registration of the company. The authorized capital of a company (sometimes referred to as the authorized share capital, registered capital or nominal capital, particularly in the United States) is the maximum amount of share capital that the company is authorized by its constitutional documents to issue (allocate) to shareholders.

1000. Products, divisions and customers are examples of

revenue increment
reciprocal revenue
revenue allocation
revenue object
✅ The correct answer is D.
Products, divisions and customers are examples of revenue object. A revenue object document is used as the basis for revenue recognition and partner settlement.

1003. Flexible budget amount is added to flexible budget variance to calculate

static result
actual result
secondary result
primary result
✅ The correct answer is B.
Flexible budget amount is added to flexible budget variance to calculate actual result. A flexible budget, also called a variable budget, is financial plan of estimated revenues and expenses based on the current actual amount of output.

980. Depreciation is include in costs in case of __________.

Pay back method
Accounting rate
Discounted cash flow
Present value method
✅ The correct answer is B.
Depreciation is include in costs in case of Accounting rate. Depreciation is an accounting method of allocating the cost of a tangible asset over its useful life and is used to account for declines in value. Businesses depreciate long-term assets for both tax and accounting purposes.

982. Pre-emptive right of common stockholders are necessarily included in company

laws
purchase chart
corporate charter
selling charter
✅ The correct answer is C.
Pre-emptive right of common stockholders are necessarily included in company corporate charter. A corporate charter sets forth a corporation’s basic information, its location, profit/ nonprofit status, board composition, and ownership structure.
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