MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Purpose of Financial Statements

While incorpo...

Question

While incorporating a company, a statutory declaration is made by

A

A chartered accountant

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

An advocate

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

A person named in the articles as a director

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Any of the above

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D Any of the above
Option D is the correct answer.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Rule 14 of the Companies (Incorporation) Rules, 2014 states that for the purposes of clause (b) of sub-section (1) of section 7, the declaration by an advocate, a Chartered Accountant, Cost Accountant or Company Secretary-in-Practice shall be in __________.

Q. Which of the following may be appointed as the first auditor of the company? (i) A Chartered Accountant in practice (ii) A firm of Chartered Accountants in practice (iii) A limited liability partnership of Chartered Accountants in practice.
The options are ________________.

Q. State whether the following statements are True or False.
(a) There is no chartered company in India.
(b) LIC is a statutory company.
(c) At least five persons are needed to form a public company.
(d) The minimum paid up capital of a private company must be Rupees five lakh.
(e) A private company can invite public deposits.
(f) The shares of a public company are transferable.
(g) A subsidiary of a public company is also a public company.
(h) The concept of private company deemed to be public no longer exists in India.

Q. A Chartered Accountant who has purchased on credit goods worth Rs. 2,000 from a company (Z) Ltd. is _________.

Q. Which company of cars do Chartered Accountants prefer?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Purpose of Financial Statements

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon