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Name three common effects of liquidations.?

Which of the following companies MUST have a company secretary??

A

?Private limited company?

B

?Unlimited liability company?

C

?Public limited company?

Which of the following parties associated with a company may NOT act as its company secretary??

A

?A company's sole director?

B

?A company's accountant?

C

?A company's solicitor?

Which of the following parties associated with a company appoints the company secretary??

A

?The members?

B

?The directors?

C

?The auditor?

?Which of the following is eligible to act as a company's auditor??

A

?An employee of the company?

B

?The partner of an employee of a company?

C

?The accountancy firm responsible for producing the company's accounts?

?Which of the following parties appoints the company's first ever auditors??

A

?The members?

B

?The Registrar of Companies?

C

?The directors?

Which of the following auditors are deemed automatically reappointed each year unless specific?circumstances dictate otherwise??

A

?Auditors of public limited companies?

B

?Auditors of private limited companies?

C

?Auditors of quoted companies?

Which of the following is the statutory duty of an auditor??

A

?To report to the members that the accounts are accurate and free from error?

B

?To report to the members that the accounts give a true and fair view and have been properly prepared?in accordance with the Companies Act?

C

?To report to the members that the accounts have been prepared in line with accounting standards?

?Which of the following sets the specific duties expected of a company's secretary??

A

?The Articles of Association?

B

?The Companies Act?

C

?The Memorandum of Association?

D

?The Board of Directors?

?Which of the following contracts does a company secretary have the power to bind their company in??

A

?Purchase of inventory from a supplier?

B

?Acquisition of a head office building?

C

?Car hire for transporting customers to meetings with the directors?

D

?A bank loan?