Minimum subscription is the minimum amount that, in the opinion of directors, must be raised to meet the needs of business operations of the company…
CUET UG 2025 — Accountancy Company Accounts
Minimum subscription is the minimum amount that, in the opinion of directors, must be raised to meet the needs of business operations of the company relating to:
(A) The price of any property purchased, or to be purchased, which has to be met wholly or partly out of the proceeds of issue;
(B) Preliminary expenses payable by the company and any commission payable in connection with the issue of shares;
(C) Working capital;
(D) Any other expenditure required for the usual conduct of business operations
Choose the correct answer from the options given below:
Held on 15 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (B) and (D) only
- B
(A), (B) and (C) only
- C
(A), (B), (C) and (D)
- D
(B), (C) and (D) only
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