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Question
Write a word or a term or a phrase which can substitute the following statement.A report which is prepared before statutory meeting ______________.
Write a word or a term or a phrase which can substitute the following statement.
A report which is prepared before statutory meeting ______________.
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Solution
The correct option is B Statutory report
A report which is prepared before statutory meeting is statutory report, it is the obligation of the Company to submit details of financial and non-financial to a government or concerned agency. This report is a statement drafted by the directors of a public limited company to forward to the shareholders at least 21 days or 7 days before the date of the meeting. Each industry has its own set of laws and regulations (statues) that mandate reports. Various types of reports are as follows: 1. Statutory report 2. Annual Report 3. Director's Report 4. Audit Report Thus the correct answer is B
A report which is prepared before statutory meeting is statutory report, it is the obligation of the Company to submit details of financial and non-financial to a government or concerned agency. This report is a statement drafted by the directors of a public limited company to forward to the shareholders at least 21 days or 7 days before the date of the meeting. Each industry has its own set of laws and regulations (statues) that mandate reports. Various types of reports are as follows:
1. Statutory report
2. Annual Report
3. Director's Report
4. Audit Report
Thus the correct answer is B
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