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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 44: Depreciation and Reserves: Understanding the Accounting Concepts
  5. Question
    A Situation Where a Company Receives Applications for a Smaller
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A Situation Where a Company Receives Applications for a Smaller

Question 20

Question 20

Multiple Choice

A situation where a company receives applications for a smaller number of shares than offered to the public for subscription is termed as:


A) Over Subscription
B) Under Subscription
C) Normal Subscription
D) All of above

Correct Answer:

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