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Which statements among the following are CORRECT? (A) A public company's shares are generally transferable. (B) Share application account is a…

CUET UG 2025 — Accountancy Company Accounts

2025mcqmedium

Which statements among the following are CORRECT?

(A) A public company's shares are generally transferable.
(B) Share application account is a personal account.
(C) The director of a company may be a shareholder.
(D) Paid up capital can exceed called up capital.

Choose the correct answer from the options given below:

Official previous-year question

Held on 30 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    (A), (B) and (C) only

  2. B

    (A), (B) and (D) only

  3. C

    (A), (B), (C) and (D)

  4. D

    (B), (C) and (D) only

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