Question 9

A share is under-subscribed when

  • A.it is offered for sale at less than the nominal value
  • B.it is offered for sale at nominal value
  • C.the number of shares applied for is less than the offer
  • D.it is offered for sale at more thn norminal value
  • E.the number of shares applied for is more than the offer
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1993
Question no.
#9
Type
Objective

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