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  9. Q20
Question 20

When shares are oversubscribed, the promoters may decide to scale down. When this is done, the shares are issued proportionately

  • A.on pro-rate
  • B.at discount
  • C.at par
  • D.at premium
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2002
Question no.
#20
Type
Objective
Previous · Q19The document authorising an officer to incur expenditure is known as Next · Q21 The amount for which a business is sold is

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