Which of the following is incorrect about the minimum subscription: Minimum subscription is the minimum amount that, in the opinion of directors,…
CUET UG 2025 — Accountancy Company Accounts
Which of the following is incorrect about the minimum subscription:
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:
Held on 4 Jun 2025 · Verified 13 Jul 2026.
Options
- A
preliminary expenses payable by the company and any commission payable in connection with the issue of shares
- B
working capital
- C
personal needs of shareholders
- D
any other expenditure required for the usual conduct of business operations.
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