Accountancy, asked by prabhakarnarwade806, 2 months ago

AND EXTERNAL RECONSTRUCTION AS 149
MULTIPLE CHOICE QUESTIONS
1. Companies may combine in following ways
(1) absorption
(i) amalgamation
(iii) external reconstruction
(iv) internal reconstruction
(v) merger
(a) any of above
(b) none of above
(c) any except (iv)
(d) any except (v)
2. If the ABC Limited and DEF Limited are taken over by a new company XYZ Limited
(a) It is called absorption
(b) it is called amalgamation
(c) it is called external reconstruction (d) it is called intemal reconstruction
3. If the ABC Limited and DEF Limited are taken over by a new company XYZ Limited
(a) ABC Ltd. and DEF Ltd. are known as the Vendor Companies
(b) ABC Ltd. and XYZ Ltd. are known as the Vendor Companies
(c) XYZ Ltd. and DEF Ltd. are known as the Vendor Companies
(d) XYZ Ltd. is known as the "Vendor Company
4. If the ABC Limited and DEF Limited are taken over by a new company XYZ Limited
(a) ABC Ltd. and DEF Ltd. are known as the "Purchasing Companies
(b) ABC Ltd. and XYZ Ltd. are known as the "Purchasing Companies
(c) XYZ Ltd. and DEF Ltd. are known as the Purchasing Companies
(d) XYZ Ltd. is known as the "Purchasing Company
5. If the business of an existing company ABC Limited is taken over by an existing company PQR
Limited, it is called
(a) external reconstruction
(b) internal reconstruction
(c) absorption
(d) amalgamation
6. If the business of an existing company ABC Limited is taken over by an existing company PQR
Limited,
(a) ABC Ltd. is known as the "Vendor Company, and PQR Ltd. is known as the Purchasing
Company
(b) ABC Ltd. and PQR Ltd. are known as the "Purchasing Companies
(c) POR Ltd. is known as the "Vendor Company. and ABC Ltd. is known as the Purchasing
Company
(d) ABC Ltd. and PQR Ld. are known as the Vendor Companies
7. If the business of ABC Limited, a loss-making company, is taken over by a new company ABC
(New) Limited, it is called
(a) internal reconstruction
(b) absorption
(c) external reconstruction
(d) amalgamation
8. If the business of ABC Limited, a loss-making company, is taken over by a new company ABC
(New) Limited,
(a) ABC Ltd. is known as the Vendor Company" and ABC (New) Ltd. is known as the Purchasing
Company
(b) ABC Ltd. and ABC (New) Ltd. are known as the "Purchasing Companies
(c) ABC (New) Ltd. is known as the "Vendor Company; and ABC Ltd. is known as the "Purchasing
Company
(d) ABC Ltd. and ABC (New) Lid. are known as the Vendor Companies
9. When the merger involves liquidation of two existing companies and formation of one nev
company, it is called
(a) internal reconstruction
(b) absorption
(c) external reconstruction
(d) amalgamation​

Answers

Answered by tinkusinghaman2008
0

Explanation:

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Answered by prasadmore9987
0

Answer:

AND EXTERNAL RECONSTRUCTION AS 149

MULTIPLE CHOICE QUESTIONS

1. Companies may combine in following ways

(1) absorption

(i) amalgamation

(iii) external reconstruction

(iv) internal reconstruction

(v) merger

(a) any of above

(b) none of above

(c) any except (iv)

(d) any except (v)

2. If the ABC Limited and DEF Limited are taken over by a new company XYZ Limited

(a) It is called absorption

(b) it is called amalgamation

(c) it is called external reconstruction (d) it is called intemal reconstruction

3. If the ABC Limited and DEF Limited are taken over by a new company XYZ Limited

(a) ABC Ltd. and DEF Ltd. are known as the Vendor Companies

(b) ABC Ltd. and XYZ Ltd. are known as the Vendor Companies

(c) XYZ Ltd. and DEF Ltd. are known as the Vendor Companies

(d) XYZ Ltd. is known as the "Vendor Company

4. If the ABC Limited and DEF Limited are taken over by a new company XYZ Limited

(a) ABC Ltd. and DEF Ltd. are known as the "Purchasing Companies

(b) ABC Ltd. and XYZ Ltd. are known as the "Purchasing Companies

(c) XYZ Ltd. and DEF Ltd. are known as the Purchasing Companies

(d) XYZ Ltd. is known as the "Purchasing Company

5. If the business of an existing company ABC Limited is taken over by an existing company PQR

Limited, it is called

(a) external reconstruction

(b) internal reconstruction

(c) absorption

(d) amalgamation

6. If the business of an existing company ABC Limited is taken over by an existing company PQR

Limited,

(a) ABC Ltd. is known as the "Vendor Company, and PQR Ltd. is known as the Purchasing

Company

(b) ABC Ltd. and PQR Ltd. are known as the "Purchasing Companies

(c) POR Ltd. is known as the "Vendor Company. and ABC Ltd. is known as the Purchasing

Company

(d) ABC Ltd. and PQR Ld. are known as the Vendor Companies

7. If the business of ABC Limited, a loss-making company, is taken over by a new company ABC

(New) Limited, it is called

(a) internal reconstruction

(b) absorption

(c) external reconstruction

(d) amalgamation

8. If the business of ABC Limited, a loss-making company, is taken over by a new company ABC

(New) Limited,

(a) ABC Ltd. is known as the Vendor Company" and ABC (New) Ltd. is known as the Purchasing

Company

(b) ABC Ltd. and ABC (New) Ltd. are known as the "Purchasing Companies

(c) ABC (New) Ltd. is known as the "Vendor Company; and ABC Ltd. is known as the "Purchasing

Company

(d) ABC Ltd. and ABC (New) Lid. are known as the Vendor Companies

9. When the merger involves liquidation of two existing companies and formation of one nev

company, it is called

(a) internal reconstruction

(b) absorption

(c) external reconstruction

(d) amalgamation

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